Bitcoin Forum

Economy => Economics => Topic started by: ningo on July 12, 2018, 11:24:31 AM



Title: hackers becoming smarter than exchanges?
Post by: ningo on July 12, 2018, 11:24:31 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


Title: Re: hackers becoming smarter than exchanges?
Post by: chocolaty on July 12, 2018, 11:49:21 AM
The scammers are scaring new investors away and this must stop.

One reason why the market is on a downtrend at the moment. The security of exchanges is miserably low that they cannot protect it from hackers and intruders. The technology they are using for security is not secured and strong enough to resist hacking. Black hat hackers are really smart which is why the white hat hackers must know how the black ones think. It is their job to protect the exchange because hacking will make the exchange less credible and will affect the whole crypto market. Just like what you said, investors are getting scared now.


Title: Re: hackers becoming smarter than exchanges?
Post by: Indamuck on July 12, 2018, 12:15:14 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.


Title: Re: hackers becoming smarter than exchanges?
Post by: davis196 on July 12, 2018, 12:21:00 PM
Hackers aren`t "smarter".They are just more focused and persistent at searching and finding loops and leaks in the security of the crypto trading platforms.Most of the crypto exchange platforms just don`t want to invest more money into their security,that`s why they get hacked all the time.
The theory about all those "hacked" exit scams isn`t always true.Nowadays it`s easier to find the real identity of most crypto exchange owners.


Title: Re: hackers becoming smarter than exchanges?
Post by: loveinberlin on July 12, 2018, 12:21:42 PM
I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me


Title: Re: hackers becoming smarter than exchanges?
Post by: DianaZher3 on July 12, 2018, 12:27:41 PM
And do not you think that the currency exchange and Bancor have stolen their own money and taken them away? I personally believe that these hackers will never find a magical way.


Title: Re: hackers becoming smarter than exchanges?
Post by: Nunoluck on July 12, 2018, 12:29:12 PM
This is the war of knowledge, those skilled people behind an exchanges are defends their exchanges and those hackers are try to attack. The smarter people will be win. I think most of the defenders are smarter than the attackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: Reid on July 12, 2018, 12:30:51 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I do have some thoughts about this.
Why the sudden series of hacking? Coinrail, bancor and binance.
I am sometimes pessimistic and when coinrail was hacked I thought it could be an inside job. Then bancor and binance happened which made me have some thoughts again.

It could not be because of cheap security measure since binance can pay for that.

Think about it. Billions ot dollars in crypto market. Who would not attack that if you know how to.
I am looking at a larger scale of hackers now. They are getting populated and computer courses are easy to finish now.

I guess exchanges should just keep on getting better than them. Hire the best when it comes to security.


Title: Re: hackers becoming smarter than exchanges?
Post by: AndroMerlin on July 12, 2018, 12:36:18 PM
I think it is not really being hacked! in my opinion hacking report is just their modus to collect all our money in their exchanges so we cannot put the blaim on them for our lost!


Title: Re: hackers becoming smarter than exchanges?
Post by: renggileh on July 12, 2018, 12:38:14 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
now hacking becomes our main enemy, in addition to losses.
I had a hack in my wallet, I lost all my assets and that was my worst experience with bicoin. it is very annoying.
I hope it will never happen again.


Title: Re: hackers becoming smarter than exchanges?
Post by: neliawesome on July 12, 2018, 12:45:52 PM
In my opinion thats why theres a slow action in catching the culprit is because it is an inside job.Its true that its hard to increase the numbers of investors if those things arent fix till now.Many investors will back-off because they have doubts that it will just be manipulated by illegal activites.


Title: Re: hackers becoming smarter than exchanges?
Post by: dothebeats on July 12, 2018, 12:53:42 PM
As was always said by CyberSec experts, there aren't any hack-proof systems or perfect systems, only systems that are tough and hard from the outside. There will always be a small hole in which hackers can enter and exploit without the admins notice, so there's always a chance that something can be hacked no matter how 'secure' the system is. Or it can also be an inside job from rogue employees that want to have it all, but most people in the bitcoin ecosystem nowadays jump to the conclusion of an inside job without looking at the facts.


Title: Re: hackers becoming smarter than exchanges?
Post by: suzanogbomo on July 12, 2018, 12:57:21 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
It is sad to see exchanges get hacked, it creates a lot of tensions in the market.Most times, they are as a result of human errors(e.g the Bancor private keys to the contract were compromised).It would also be worth noting that hackers deploy a lot of resources to perform such level of hacking.


Title: Re: hackers becoming smarter than exchanges?
Post by: Mister1k on July 12, 2018, 12:57:27 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Exchanges are really bad for having the lots of fund. Please use the exchange to trade instantly and make the profit with that. Take time and think that how you believe the exchange owner blindly and have that fund. I do not agree with the hacking attack. Apart from you, exchanges server may record your private key and wallet. DAT file.
If they have both these things individuals or all the account amount sweep can be done by the exchange management team only. Here there is no record that transaction has been move to hackers wallet so far. Hence I suggest everyone to invest and buy the bitcoins. Keep that fund private key secured wallet. That is enough to make the better security.


Title: Re: hackers becoming smarter than exchanges?
Post by: suzanogbomo on July 12, 2018, 01:00:38 PM
I think it is not really being hacked! in my opinion hacking report is just their modus to collect all our money in their exchanges so we cannot put the blaim on them for our lost!
I understand your point really I do,if have ever lost money to such hacks,but it is kind of difficult to imagine that a reputable exchange will make such fake claim when their reputation and income will be affected.Successful hacks also diminish the earning and trust of an exchange


Title: Re: hackers becoming smarter than exchanges?
Post by: nazaididuan1 on July 12, 2018, 01:02:22 PM
These hackers are making panic, they create panic by attacking the exchange!
Many investors sell BTC and cryptocurrency at low prices, they take the opportunity to buy, and wait for the price to rise when they sell!


Title: Re: hackers becoming smarter than exchanges?
Post by: CoinEraser on July 12, 2018, 01:15:09 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Yes, somehow sad that in this day and age exchanges are still hacked. Something really scares people off to join the crypto world. Also, such companies should choose the employees exactly. It is often up to the employees why such an exchange is hacked. Well, some things do not seem to change and it will certainly hacked even more exchanges. Therefore, I can only advise anyone, coins and tokens no longer than necessary to store on a exchange. As you can see, something can always happen and you are never save.  8)


Title: Re: hackers becoming smarter than exchanges?
Post by: lunaelucemauram on July 12, 2018, 01:18:26 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

I agree as one way to breach the security of blockchains or any other system knowing how the security works on the inside and to do that hackers need someone from the inside to feed them information and with that these multi million exchange breach happens. Hopefully the recent hacking in Bancor does not greatly affect the market as we are now transitioning to a market up trend.


Title: Re: hackers becoming smarter than exchanges?
Post by: terrific on July 12, 2018, 01:26:06 PM
First. There is no perfect system, if binance has the highest security there's still 1% or less that there's a possibility that they will be hacked.
These hacks are like scripted just like what happened to Mt.Gox last time and it has been exposed lately. They want to manipulate the market and causing uproar to make prices low.
Don't worry about attracting new investors, just stay on your side.


Title: Re: hackers becoming smarter than exchanges?
Post by: marseille on July 12, 2018, 01:32:04 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
to look for things that are instant or easy to get will indeed or always get easier and bigger than we are trying to behave honestly but the risk if caught as a hacker is very big and for what we do that if working honest can be enjoyed more


Title: Re: hackers becoming smarter than exchanges?
Post by: miyaka26 on July 12, 2018, 01:43:08 PM
they are just determined to hack and breach an exchange by finding any exploit, loopholes, and bugs throughout the system of the exchanges that's why the owners are conducting some maintenance and system upgrade for the protection from a possible attacker, hackers have a hell of a patience to find those securities breach well there are tons of hacking lately better for them to be more aware of this numerous attacks.


Title: Re: hackers becoming smarter than exchanges?
Post by: cydrix on July 12, 2018, 01:45:05 PM
Even though hackers are smarter than the average person however it is not enough to compare these two choices. Hackers are more intelligent than exchange but it is only applicable to some particular exchanges of those that lacks security and reveals too much flaws and bugs that any hackers can exploit.


Title: Re: hackers becoming smarter than exchanges?
Post by: boyshx on July 12, 2018, 01:54:21 PM
I guess what we see these days is just exchangers being careless about their securities. It might be the case that hackers are truly gaining more and more knowledge about the back doors of exchangers and rob them accordingly. Exchangers are already backed up with lots of security protocols but well as they say, we are the only creator and destructor of everything here. May be its not that hard to find bug with lots of extensive study. So who knows when the exchangers will be far more secure than the current situation.


Title: Re: hackers becoming smarter than exchanges?
Post by: kwabeedat on July 12, 2018, 02:00:34 PM
Security on the internet continues to be one interesting topic each day. Though we cannot stop people from trying to hack websites or exchanges to be more specific, the exchanges need to improve their security measures to make everyone safe.


Title: Re: hackers becoming smarter than exchanges?
Post by: Shenzou on July 12, 2018, 02:09:12 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
I think that all of this hacking is just an inside job or a flaw from one of the employees, because there is not possible way that they can hack them that simple, either one of the employees was involved and tricked by people and blinded by his greed to open a little port to let the hackers in to the servers for exchange for some of the profit, or one of the computers connected to the main server was infected with virus, i used to study internet security so i know that hacking out of the blue is not possible.


Title: Re: hackers becoming smarter than exchanges?
Post by: Nahl on July 12, 2018, 02:16:27 PM
agree with you that hackers smarter than exchanges because they can able to find the weakness of the particular sites but this is the current problem for crypto that if hackers always be targeting exchanges then most of exchanges will closed their service because people fear to investing in crypto and do not trust anymore to them


Title: Re: hackers becoming smarter than exchanges?
Post by: tepakpak on July 12, 2018, 02:37:04 PM
Hackers are always terrorizing us, technology is growing and hackers are getting smarter. Security on the internet is always at risk so it needs more security. I hope the exchange can be better.


Title: Re: hackers becoming smarter than exchanges?
Post by: Karmakid on July 12, 2018, 02:42:51 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


Yes, hackers are being too smart these days that they could hack even the exchanges nowadays so we, as traders , should be smart and observant because hackers would always find ways to steal our earnings which we must grow. We should handle it wisely and we must choose the safest exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: Chrisjay29 on July 12, 2018, 02:49:02 PM
yeah the hacker todays is more smarter and smarter. they can crack the highest security of binance and bancor and soon other exchanger will be do. If hacker wont do crypto currency will be banned by other country. because it can cause people lossing money if they continue hacking


Title: Re: hackers becoming smarter than exchanges?
Post by: Kang Bahar on July 12, 2018, 03:24:51 PM
My friend as a hacker said:
Quote
It is not easy to hack exchange for hackers, but no system cannot be hacked or leaked. The whole of the security system on the internet despite an exchange is not 100% safe and perfect. There is always loopholes and bugs etc. which hackers can easily to find it. And when the security system on an exchange is improved, they can still find it.

And the worst:
Quote
If a hacker can't find the loopholes or bugs, they will work together as a team to hack a site.

So I think, that means not caused hackers becoming smarter, they just use the loopholes and bug and or work together to infiltrate a site.


Title: Re: hackers becoming smarter than exchanges?
Post by: Ngemmeng on July 12, 2018, 03:25:54 PM
at this time many exchanges are successfully hacked, this should be a warning for the exchange to tighten its security because this can cause bitcoin prices to drop.


Title: Re: hackers becoming smarter than exchanges?
Post by: abas_ir on July 12, 2018, 03:41:22 PM
at this time many exchanges are successfully hacked, this should be a warning for the exchange to tighten its security because this can cause bitcoin prices to drop.
and today ,we see its effect after bancor hacked and much token stolen from their wallet.exchange must improve their security technology in order to make protection being more secure.


Title: Re: hackers becoming smarter than exchanges?
Post by: Toden1379 on July 12, 2018, 03:42:16 PM
The hacking is happening almost every 2 months that had me thinking if it could possibly be an inside job. I mean, either they did not do their due diligence in protecting their exchange or they are too secured that that hackers will need someone on the inside to give them a backdoor access.


Title: Re: hackers becoming smarter than exchanges?
Post by: semobo on July 12, 2018, 03:44:08 PM
That is their real life profession so they will keep finding new ways everyday to break the security of the exchanges and steal their money but we also one of the reasons for that hackers getting more interested into hacks because how many times people saying never store your money in exchange after traded but still many people don't hear that and use exchange as their primary wallets too so hackers are seeing lot of money stored in exchange so they want to get it.


Title: Re: hackers becoming smarter than exchanges?
Post by: mostkey on July 12, 2018, 03:55:57 PM
They only take advantage of a very unbound system in the platform, they are very clever people who can do such a thing, requires a very cunning skill to get the user's money with a very fast time, it is unfortunate that the famous exchange is very easily revoked by them , many disadvantages for users and also on highly effective market conditions to continue to fall, hopefully can finish minus quickly and tighten security.


Title: Re: hackers becoming smarter than exchanges?
Post by: NewRanger on July 12, 2018, 04:02:54 PM
The hacking is happening almost every 2 months that had me thinking if it could possibly be an inside job. I mean, either they did not do their due diligence in protecting their exchange or they are too secured that that hackers will need someone on the inside to give them a backdoor access.
dont think about that.is to naif for us.if one of exchange employee do that, it will very harmfull.and this man must be arrested.but personally it not happen, hacker have various technique from their team , so they can attack exchange security system.


Title: Re: hackers becoming smarter than exchanges?
Post by: Tylev on July 12, 2018, 05:51:14 PM
Hacking becomes a big threat to the crypto currency. This kind of criminal activity is very difficult to prove and not only because of technical problems. These crimes are committed using the Internet and therefore criminals can be found all over the world. For law enforcement agencies, this is a big problem. State barriers are very strong, legal formalities and harmonization of mutual actions can last for months, while criminals can move from state to state and at the same time remain unpunished. Apparently, we need an interstate police association in this area to combat such types of crimes.


Title: Re: hackers becoming smarter than exchanges?
Post by: btc-facebook on July 12, 2018, 05:54:31 PM
AFAIK, crypto security already implement advance SHA things but why it still can be hack ?
Is it possible that inside man play the role for this incident ? or it's really pure the system mistake ?
Of course I hope this will not happen in the future or bitcoin will keep decreasing for eternity !


Title: Re: hackers becoming smarter than exchanges?
Post by: Stavri on July 12, 2018, 05:59:39 PM
yeah. and you know what. you can never be sure if it is a real hack or it is exchange platform itself that announced they were hacked but maybe they are just tricking. centralized exchanges are always very risky for traders.


Title: Re: hackers becoming smarter than exchanges?
Post by: bowals on July 12, 2018, 06:16:38 PM
Hackers are always smarter but it's the effectiveness and backing of the security agents to track them down and block further transfers that prevents this. Since crypto is decentralised and unregulated, it's the perfect medium for hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: hatshepsut93 on July 12, 2018, 07:05:28 PM
In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .

What are you talking about? This isn't some convoy of armored trucks that can change its course, it's the Internet. Are you proposing for exchanges to constantly change their codebase? If so, that would introduce 1000 times more bugs.

The scammers are scaring new investors away and this must stop.

Hackers are only scaring ignorant noobs, which might be good, because noobs are bad hodlers, they easily panic. Smart investors don't hold their coins on exchange and don't panic when some crappy exchange gets hacked, just like people don't rush liquidating their fiat whenever a bank gets robbed in their country.


Title: Re: hackers becoming smarter than exchanges?
Post by: Kurokyy on July 12, 2018, 07:31:18 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

In my own opinion, hackers cannot easily penetrate market but there are people inside the corporation who are actually stealing cryptocurrenyc from investors and they will just report in the media that it was a hacking activity.


Title: Re: hackers becoming smarter than exchanges?
Post by: usorin on July 12, 2018, 08:09:56 PM
I belive that when you work with a lot of money there is always someone ready to steal from you, it is a question of the human nature. I am sure that exchanges make everything to secure the assets, perhaps they will even be ensured, who knows what the future brings..


Title: Re: hackers becoming smarter than exchanges?
Post by: bennypagulayan on July 12, 2018, 08:19:23 PM
yeah. and you know what. you can never be sure if it is a real hack or it is exchange platform itself that announced they were hacked but maybe they are just tricking. centralized exchanges are always very risky for traders.
The cryptocurrency market has been a major target of professional hackers and in the past has documented a number of hacker attacks and theft of Exchange assets. I think there is a need for preventive measures from organizations to reverse this situation in order to create a safe trading environment for the cryptocurrency market.


Title: Re: hackers becoming smarter than exchanges?
Post by: jackky on July 12, 2018, 08:31:13 PM
This is the fault of the exchange. They did not protect their exchange, and whenever hackers attacked, they could not solve the problem quickly, and they let hackers steal lots of Bitcoins and altcoins.


Title: Re: hackers becoming smarter than exchanges?
Post by: galambo on July 12, 2018, 08:33:26 PM
Even recently MEW(MyEtherWallet) was hacked again and the hacker stole some funds this time even. Hackers are really becoming more powerfull and some or the other way should be needed to avoid these hackers along with high security. Storing funds is getting much harder these days due to these hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: kingkonjac on July 12, 2018, 08:48:12 PM
have you ever thought the possibility that those exchanges hack themselves. Just imagine no one gives any responsibility and there is no tracking from no one, what an easy game as there are not regulations you could say just I am hacked and don`t give a report for lots of millions gone.


Title: Re: hackers becoming smarter than exchanges?
Post by: Aveatrex on July 12, 2018, 09:22:31 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Exploits and security holes are constantly found no matter how the systems are upgraded.Even Youtube got hacked;though cryptocurrency related organisations are being focused by hackers more than others.
But in the other hand you are right,some exchanges just don't do enough effort of protecting the funds,this reminds of Bitgrail who was hacked 12 millions of nano coins (that coin got heavily damaged from that hack,investors lost alot of money because of it)


Title: Re: hackers becoming smarter than exchanges?
Post by: bombie1 on July 12, 2018, 09:25:37 PM
well this is a dicey topic because many people believe and are of the view that most of the hacking situations are internally motivated.We do not have facts to prove that so now the point is that every trader needs to be careful and do not leave their funds at exchanges even though sometimes it looks cheaper to keep short term trading coins at exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: Jannatul Shefa on July 12, 2018, 10:23:18 PM
Hackers always try to hack exchanges. They are always busy to find a new and smart way to hack any exchanges. But exchanges should be aware of this. They should secure their exchanges more.


Title: Re: hackers becoming smarter than exchanges?
Post by: SinisterS on July 12, 2018, 10:26:29 PM
That's not a good statement. Exchanges are not godlike, able to be aware of every possible exploit there could possibly. No computer company it, whether is Apple, who recently had a USB lock immediately exploited in days, and anything computer related.


Title: Re: hackers becoming smarter than exchanges?
Post by: charlzyeby on July 12, 2018, 10:36:45 PM
I think exchanges are being lazy rather. Every tech is prone to hacks so it should be a top priority to always be a step further. More competent computer scientists and excellent programmers should be hired, and cyber security should be topmost most priority. Some exchanges only care about liquidity and volume but security should rather be topmost priority.


Title: Re: hackers becoming smarter than exchanges?
Post by: pekingcoepo on July 12, 2018, 10:48:31 PM
If things like this continue then investors will not be interested anymore to make trades because we will also be afraid to store the assets we have on the market especially if something unexpected happens such as hacking done on bancor lately will lose the assets in it, I just hope the big market should start to rise by adding security to the web they use so we all feel comfortable to trade.


Title: Re: hackers becoming smarter than exchanges?
Post by: Indrawan77 on July 13, 2018, 12:21:42 AM
Hackers should be the exchanges priority, a lot of people already not believe in exchanges, this could make the new exchanges difficult to be accepted and this also could make the investors run away, I personally see some exchanges not serious to tackle this problem, but this is a serious problem, most if the transaction volume is coming from trading, so if the investors and traders stop their activities, this could lead to disaster for crypto


Title: Re: hackers becoming smarter than exchanges?
Post by: Roukawa on July 13, 2018, 01:08:46 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Hacking of exchange becomes prominent issue nowadays. I thought that they have greatest security but still some of the exchange are intercepted by hackers. In my opinion, it may become a conspiracy in the core of the team. Because a hacker cannot enter a secured place without the help a person in the core system. Probably, this case always happen because there are some people that are greed in money.


Title: Re: hackers becoming smarter than exchanges?
Post by: harizen on July 13, 2018, 03:30:30 AM
"All the hackers in the world are targeting cryptocurrencies." -Eric Larcheveque, CEO Ledger Wallet Company

It's not that hackers are smarter than exchanges, it's just that they are focused too much to find the weak spot of every exchanges security. No such thing as other priority but focus on single goal of hacking a certain exchange. They spend time on it, they dedicated their time on it, they do brainstorming on it etc. Just imagine the group of all-star hackers once they shared their knowledge to each other.....success!

Exchanges security is not a joke. It's difficult to breached and can't bypassed easily. But again once hackers focused on destroying it, chances that they can get through is possible.


Title: Re: hackers becoming smarter than exchanges?
Post by: jarojak on July 13, 2018, 03:37:25 AM
As long as I know, bad guys always one step ahead.  That is what they do and they will be gone before people realize.


Title: Re: hackers becoming smarter than exchanges?
Post by: nicster551 on July 13, 2018, 04:31:26 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

We can say that those people that are hacking some of our exchanges are learning everyday since that is their profession. But we should also try to improve our systems in order to protect ourselves from those hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: meanwords on July 13, 2018, 05:24:42 AM
I think the probably is that they are not paying much attention to the users and that money is their first priority. Most of the hacks are coming from those large exchanges. Even small exchanges are more secured than this big exchanges. Also, I think those hacks is an inside job and that to prevent any further news, they are hiding it by saying it's the securities fault. The hackers are getting smarter each day, I wish the exchanges too.


Title: Re: hackers becoming smarter than exchanges?
Post by: Metamorps on July 13, 2018, 05:34:59 AM
I can't understand why such big exchange can be easily hacked, whereas the rotation of funds there happens so fast. is their security so weak? even sometimes I think that this hacking issue is just nonsense and trickery. like a a fake hacking cases


Title: Re: hackers becoming smarter than exchanges?
Post by: posi on July 13, 2018, 09:32:49 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
I agree with you saud cause the hacking will did scare away new investors but Binance and Bancor was not the cryptocurrency exchange that was hacked lately because Coinrail and Bithumb were also hacked. However, if the exchange upgrade their system and don't do their firewalls security they will still get hacked just like Binance which was hacked twice.


Title: Re: hackers becoming smarter than exchanges?
Post by: valentinen39 on July 13, 2018, 09:49:10 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

The reason why there are very popular market or exchangers today is because of their excellent security system and you should always pick those popular markets before investing in order to avoid those hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: weblouartisan on July 13, 2018, 10:15:56 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

In my own opinion, hackers will not be a problem in the future because as the technology grows then the security will also improve in the future and we are going to have safer transactions and wallets.


Title: Re: hackers becoming smarter than exchanges?
Post by: Hold good on July 13, 2018, 11:13:50 PM
The market is always launching news to push the price of the market up or to bring down the market price effectively. So we need to confirm the information correctly.


Title: Re: hackers becoming smarter than exchanges?
Post by: money_amount on July 13, 2018, 11:24:39 PM
The market is always launching news to push the price of the market up or to bring down the market price effectively. So we need to confirm the information correctly.
I agree with what you are saying. The current market is almost controlled by the hackers. But it is almost a trend so I always follow the trend even though I know it is false.


Title: Re: hackers becoming smarter than exchanges?
Post by: The_Dark_Knight on July 14, 2018, 04:15:57 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
It is not as simple hackers have the advantage of time, they can wait for as long as needed until they find a vulnerability, besides most of the time the vulnerability comes from the people and not the system implemented, most of the time hackers need access to a computer on the internal network and they get that access by hacking a person using emails, once they have access they try to get access to what they are looking for which are the funds of the traders on the platform and since the personal of exchanges need to read thousands of emails per day hackers will always get a chance to hack them.


Title: Re: hackers becoming smarter than exchanges?
Post by: rejekitiban on July 14, 2018, 04:54:39 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Yes, I think every online can be hacked. So , we must be carreful.


Title: Re: hackers becoming smarter than exchanges?
Post by: Tamilson on July 14, 2018, 05:40:19 AM
Apparently we just new the other side of the story and not the whole story. Whoever knows that this might be an inside job? We trust these exchanges that they have a full security in their system and later we know it's already hacked? Like wtf! And they just said they got compromised. So the bottom line here is don't store your coins that you think you can't afford to lose.


Title: Re: hackers becoming smarter than exchanges?
Post by: rosemary4u on July 14, 2018, 06:10:17 AM
The exchanges needs to do more to protect the hard earned funds of users. The security system needs to be tighten well to prevent any attacks from hackers. Some users prefer to keep their funds at the exchanges for quicker trading at a particular exchange site. Hacking can't be stopped entirely anytime soon but the rate at which they occur should be on the low.


Title: Re: hackers becoming smarter than exchanges?
Post by: Veronika94 on July 14, 2018, 06:11:21 AM
The safety system must always be updated, especially in the case of cryptocurrency, as many have begun to invest in this area.


Title: Re: hackers becoming smarter than exchanges?
Post by: paparexon0414 on July 14, 2018, 06:21:25 AM
Exchanges are susceptible in all kinds of hacking. Everyday, hackers are making new innovation and created hacking that even the toughest security can be penetrated. Its really alrming that those kind of people are in this kind of wring doings. In the end many people are taking all the negative effects. I am not sure if this hacking is influencing the cryptos downfall. But as this continue, we will never know if investors are going to continue their trust in this exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: satana_igor666 on July 14, 2018, 06:36:48 AM
Well, it's clear why they chose exchangers.  For them, this is something new, where everyone can show that he is better and earn.


Title: Re: hackers becoming smarter than exchanges?
Post by: Girlsbit on July 14, 2018, 06:59:28 AM
It is necessary to strengthen the safety of bitcoin.


Title: Re: hackers becoming smarter than exchanges?
Post by: The_Dark_Knight on July 19, 2018, 02:26:42 AM
It is necessary to strengthen the safety of bitcoin.
You are wrong, bitcoin is as secure as it can be, what it needs to be strengthen is the security of exchanges, they are managing millions and millions of dollars in coins from all over the world and they still are unable to avoid being hacked, if they were hacked at all, since in the past there have been many suspicions that most hacks were inside jobs or just outright stealing.


Title: Re: hackers becoming smarter than exchanges?
Post by: mikyadel on July 19, 2018, 05:15:23 AM
No system is 100% secure ! .yet, crypto exchanges suffer from lots of hack breaches lately , but most of them are inside jobs as some fellow members have mentioned , rest is only a way to manipulate prices in favor of whales to invest in the market . i think once crypto market gets legalized ,we won't see that many hacks.


Title: Re: hackers becoming smarter than exchanges?
Post by: PDNade on July 19, 2018, 05:33:07 AM
Hackers are not only one... they are also a team, a group just like the owner or build the Bitcoins they are group of people who loves distruction but I idolize some hackers not only in crypto but in some other ways who are good and help the poor... if you search some in the internet there it was... now we have many scammers in crypto and they targeting some exchanges that have a low security that it will be breach easily.


Title: Re: hackers becoming smarter than exchanges?
Post by: Dimon8 on July 19, 2018, 06:12:16 AM
Hackers do not become smarter than exchanges. I think that most of the hacking is either fake or internal hacking. Perhaps the "whales" themselves and organize these hacking. From the news about the hacking, they can speculate and earn.


Title: Re: hackers becoming smarter than exchanges?
Post by: iv4n on July 19, 2018, 06:24:30 AM
If exchange has money for investing they will pay good hackers for protection, if they don't pay they will be hacked. It's nothing new in the world, every big company that work's with huge amounts of money pays for protection on more then one place.
When some big exchange gets hacked my first thought is inside job, it must be it. In most cases when exchange gets hacked, or big bank gets robbed it's someone from the inside.


Title: Re: hackers becoming smarter than exchanges?
Post by: axemelada on July 23, 2018, 11:05:51 PM
I think this is due to the fact that not all exchanges are properly concerned about their security. You can force people to two-step authorization, then everything will be calmer.


Title: Re: hackers becoming smarter than exchanges?
Post by: Sarastiche on July 24, 2018, 12:21:28 AM
Security is core in cryptocurrency exchange platform, I always recommend exchange platform to employ hackers in there team before embacking on the establishment of there website, test run and re test run, before launching out, If you security is intact and highly rated, you tends to enjoy more folllowers and user of the site compare to an exchange with low security.


Title: Re: hackers becoming smarter than exchanges?
Post by: AjithBtc on July 24, 2018, 12:32:36 AM
Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.


Title: Re: hackers becoming smarter than exchanges?
Post by: arin_muah on July 24, 2018, 01:22:37 AM
Security is core in cryptocurrency exchange platform, I always recommend exchange platform to employ hackers in there team before embacking on the establishment of there website, test run and re test run, before launching out, If you security is intact and highly rated, you tends to enjoy more folllowers and user of the site compare to an exchange with low security.
security testing is need before exchange launched.and this testing always involve this hackers.but there are two type of hackers.and one of them is blackhat that always steal or crack network system.


Title: Re: hackers becoming smarter than exchanges?
Post by: w33man on July 24, 2018, 01:28:05 AM
I totally agree, however, it can be that most of these hacks are inside job. A lot of exchange sites are hacked this year which caused the market to drop. That is why most people are avoiding using major exchanges since some are scared that it might be targeted next.


Title: Re: hackers becoming smarter than exchanges?
Post by: The_Dark_Knight on July 24, 2018, 02:27:19 AM
Hackers do not become smarter than exchanges. I think that most of the hacking is either fake or internal hacking. Perhaps the "whales" themselves and organize these hacking. From the news about the hacking, they can speculate and earn.
The whales have nothing to do with the hacks, in fact the whales are afraid of the hackers since one day you are a bitcoin whale and the next day you get hacked and you are a small fish, this is one of the reasons of why exchanges keep most of their coins in cold storage so no hacker can steal from them, but they still need to keep some coins online so their clients can cash out instantly and those are the coins hackers can steal.


Title: Re: hackers becoming smarter than exchanges?
Post by: Marlo0619 on July 24, 2018, 02:55:44 AM
Yes that is very true. We all know that technology nowadays is very popular to the whole world. Then internet is very vulnerable to all people because all people can use the internet and you can do everything there. The only problem is that you will choose whether good or bad you are going to do. But there are people who chose bad things. Like the hackers. Hackers are very wise when it comes to hacking the systems of a certain website or evwn banks. We just need to be wiser than them.


Title: Re: hackers becoming smarter than exchanges?
Post by: mornabo on July 24, 2018, 03:36:40 AM
I think this is due to the fact that not all exchanges are properly concerned about their security. You can force people to two-step authorization, then everything will be calmer.
there are some exchanges that force using 2fa for their users and I think it will be much better because someone's account will be
safer, I think other exchanges must follow that, besides that the internal exchange system itself must be stronger so that hackers cannot enter in it


Title: Re: hackers becoming smarter than exchanges?
Post by: RockHenki on July 24, 2018, 04:17:47 AM
 Yes, they are much smarter than we think. The trading platforms have increased the security level very high but they can still penetrate all the way. Perhaps security systems have not had a big impact.
We should transfer all of our wallets or transfer them to the cold wallet. It will help you preserve your property better.


Title: Re: hackers becoming smarter than exchanges?
Post by: pat4cryptoreal on July 24, 2018, 05:39:11 AM
All of us that are not programmers and developers working in those exchangers that were hacked will blame them for allowing hackers to hack those exchangers. I know there is exchanger that will not do everything possible to prevent such occurrence. I just want to advice the exchangers to work harder on security.


Title: Re: hackers becoming smarter than exchanges?
Post by: GangNamSK on July 25, 2018, 11:17:47 AM
Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.
Exactly. I think so.
These types of hackers are increasingly smarter to explore ways to enter the electronic money world.
At the same trading floors as well as seo services are also involved in the process of making them stronger to stay away from hackers.
In the past the hackers may have entered easily, and now the script is different.
So invest wisely and know how to protect your assets.


Title: Re: hackers becoming smarter than exchanges?
Post by: peter_coin on July 25, 2018, 12:07:47 PM
Hackers have existed long before exchanges and cryptocurrency became mainstream and popular. So there would always be hackers. Cryptocurrency exchanges are fully aware of this and continuously make it possible for their exchanges to be secure and impenetrable. Some nonchalant exchanges that do not take security seriously would be harmed by them, but majority of the exchanges out there are very secure.


Title: Re: hackers becoming smarter than exchanges?
Post by: crpytpublica on July 27, 2018, 10:08:55 AM
Everything happens because hackers develop 24 hours a day, 7 days a week and I think at the moment the protection is bad and therefore break.


Title: Re: hackers becoming smarter than exchanges?
Post by: pinoyden on July 27, 2018, 10:31:02 AM

yes they are. exchanges are only built by people therfor people can also be the way to destroy it but that can take much time because almost all exchanges are built with high standard security as they are carry a lot of money around the world.

there is only a small chance that hackers can bypass the security of an online exchange . so i guess it is still safe to put your cash thru it and do trades all the time.


Title: Re: hackers becoming smarter than exchanges?
Post by: RobotNIK on July 27, 2018, 10:37:50 AM
In my opinion, each new protection only requires no standard hacking.  Any protection can be bypassed, only skills are needed!


Title: Re: hackers becoming smarter than exchanges?
Post by: dams87 on July 27, 2018, 11:53:29 AM
I think hackers are smart people who wasted their cleverness, cheated and harmed others for the satisfaction of themselves without thinking of the impact that will be generated. every security there must be a gap that can be utilized by them, we can only hope that we do not become their victims.


Title: Re: hackers becoming smarter than exchanges?
Post by: just_Alice on July 27, 2018, 12:38:08 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Cyber attacks do take place, but they aren't that frequent. Just think how many people there are who work for Binance and how many are there hackers out there willing to steal some good money. Also some money losses are users' fault because they don't do some precautionary actions - like don't use the private key to access the wallet, or create mnemonic phrases, even though it is highly recommended. Not to mention that some people are too lazy to even double check the address line to see if it's safe (like it has happened with MEW recently).


Title: Re: hackers becoming smarter than exchanges?
Post by: el kaka22 on July 28, 2018, 06:44:49 AM
it can be that most of these hacks are inside job. A lot of exchange sites are hacked this year which caused the market to drop. That is why most people are avoiding using major exchanges since some are scared that it might be targeted next.
Still, it is not about hackers becoming smarter. It is about bitcoin price going really high compared to once what it used to be and in return it attracted more hackers, smart ones as well. So, we now have a lot of really smart hackers checking out what this bitcoin thing is and see that if they hack proper places they can really profit from it. Back in the day it wasn't this way because bitcoin didn't worth much for them, however now their hacks are really paying off.

In the past hackers could have entered with ease, and now scenario is different.
We cannot stay calm even we are having highly secured systems are in act. Because, when a weakness being discovered, hackers will get ready to exploit that to the maximum and we cannot be sure that they cannot discover something all the times.


Title: Re: hackers becoming smarter than exchanges?
Post by: Wayan_Pedjeng on July 28, 2018, 06:54:22 AM
Since Bitcoin is a digital asset, it will always be quite vulnerable to the hackers. The exchanges are adding new security features, but at the same time the hackers are getting more innovative. The only solution is to keep your coins in your own personal wallets.


Title: Re: hackers becoming smarter than exchanges?
Post by: Elizabeth4Mitchell on July 28, 2018, 07:07:25 AM
I am and will still trade in Binance. Known as the number one trading platform, Binance is the latest victim of network attacks. Unlike insider trading in Mt. Gox and personal code stolen at Coincheck, Binance was somewhat confused by a more sophisticated and sophisticated behavior. However, miraculously, the security of the trading platform has detected suspicious activity and hackers can not take a single dollar.


Title: Re: hackers becoming smarter than exchanges?
Post by: cahbagus555 on July 28, 2018, 07:49:49 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I am believe big exchange like binance and bancor always increasing their security. Hackers always find a way to stole our money because its what they do for living. What we can do is protecting our accounty by activate 2FA on our account. Activating 2FA increasing security on our account on exchange


Title: Re: hackers becoming smarter than exchanges?
Post by: ecnalubma on July 28, 2018, 08:06:13 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I believe Binance was not hacked it was due to third party bots being compromised. There's always a possibility that hackers can penetrate any systems no matter what platform it is, for that instances they continue to improved and upgrade their systems. There is no perfect program and security is always a nightmare for every developers.


Title: Re: hackers becoming smarter than exchanges?
Post by: microwave on July 28, 2018, 08:19:56 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.



I.T expert or Programmer and computer engineer  are responsible why we are now in High END level in terms of Technology using gadget and Computers so the name of hacker is use for a Bad intention because first of all they don't do that if they are not expert using  computer through their knowledge to hacked by the system in any different agencies right? so, we have to do their if they attack of our different property and also in exchanges so we have to be careful.   


Title: Re: hackers becoming smarter than exchanges?
Post by: papashark on July 28, 2018, 08:35:04 AM
Battle against exploit and hacks are not yet done. Everyday the mafias and internet thieves are finding way how to exploit others. Some of them are also running an ICO. What we could do now is to become smart.


Title: Re: hackers becoming smarter than exchanges?
Post by: Tramle091296 on July 28, 2018, 09:20:39 AM
The scammers are scaring new investors away and this must stop.

One reason why the market is on a downtrend at the moment. The security of exchanges is miserably low that they cannot protect it from hackers and intruders. The technology they are using for security is not secured and strong enough to resist hacking. Black hat hackers are really smart which is why the white hat hackers must know how the black ones think. It is their job to protect the exchange because hacking will make the exchange less credible and will affect the whole crypto market. Just like what you said, investors are getting scared now.
Well we cant blame the exchange. Exchanges site always they havea maintenance for their security but the problem the hackers theres always a way if you want something ang most of it is bad doing getting much a head to others always thinking on their own pocket. Exchanges is much smater they are one step ahead.


Title: Re: hackers becoming smarter than exchanges?
Post by: peter0425 on July 28, 2018, 09:25:35 AM
Battle against exploit and hacks are not yet done. Everyday the mafias and internet thieves are finding way how to exploit others. Some of them are also running an ICO. What we could do now is to become smart.
It will be a ongoing battle because hackers are that smart and it like they are one step ahead of us. They know where to look at and how to exploits the system. They might not attack, but they will keep a close eye until such time that the situation is really ripe for them and then BOOM, no don't know what happened and everyone was crying foul because they lost a lot of money. So exchanges should also be attentive and like monitor the health of their system 24x7, because we don't know when those thieves are going to attack.


Title: Re: hackers becoming smarter than exchanges?
Post by: jhongzjhong on July 28, 2018, 09:37:25 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
This scenario was also in my mind, I think it was an inside job because it is impossible that someone knows or great scammers knows the system used by these exchanges. I personally not having an idea why scammers got access to their system or unless it is an inside job.
But on another side, yes, scammers now get smarter and they waiting for an opportunity to get access to any accounts that having a potential to steal fund.


Title: Re: hackers becoming smarter than exchanges?
Post by: Aleth on July 28, 2018, 09:49:21 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

Maybe yes, and maybe not. Hackers are everywhere. Smarter, well yes also because they are so smart enough to know all accounts and steal. But exchanges must come to be smartest if and only if sites are well protected.


Title: Re: hackers becoming smarter than exchanges?
Post by: MelissaAnderson11 on July 28, 2018, 10:06:29 AM
As I see hackers are now no longer as in previous years, they are no longer noticeable. New trading platforms are the hazards to the user, they control the cash flow, and makes the trader risk of bankruptcy.


Title: Re: hackers becoming smarter than exchanges?
Post by: Angna27 on July 28, 2018, 10:14:00 AM
Hackers and scammer now a days are smarter and wiser they use everything to get what they want without us being aware of it. and so we must be wiser too and do everything we could to secure our wallet even when post on the exchange when we want to trade or sell something. because they were just following nor getting eye on every move we have.


Title: Re: hackers becoming smarter than exchanges?
Post by: HeatherAdams00 on July 28, 2018, 10:20:45 AM
Some experts believe that the current security vulnerabilities are the result of over-development of virtual money, security technologies have not kept pace.
The virtual currency industry will have to adapt and become safer when the number of investors increases. Dealers will understand the importance of network security. This not only affects their long-term operability but also becomes a competitive advantage.


Title: Re: hackers becoming smarter than exchanges?
Post by: gosha18 on July 28, 2018, 10:38:46 AM
Do not be surprised if some hackers do it at the request of big cones.


Title: Re: hackers becoming smarter than exchanges?
Post by: cryptobiolog on July 28, 2018, 05:58:46 PM
Because the security of exchanges is given too little attention. the system involves a person who is the most vulnerable part of it. And it is profitable to steal crypto currency, as it is difficult to solve such crimes.


Title: Re: hackers becoming smarter than exchanges?
Post by: s0beit on July 28, 2018, 06:20:18 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


Hackers are really smarter these days and we can't deny the fact that they are getting smarter each day. Anything under the internet is hackable these days so we hodlers and traders should be smart enough to handle our earnings with care and we should be wise upon hodling.


Title: Re: hackers becoming smarter than exchanges?
Post by: noneedmoney on July 28, 2018, 07:00:23 PM
The scammers are scaring new investors away and this must stop.

One reason why the market is on a downtrend at the moment. The security of exchanges is miserably low that they cannot protect it from hackers and intruders. The technology they are using for security is not secured and strong enough to resist hacking. Black hat hackers are really smart which is why the white hat hackers must know how the black ones think. It is their job to protect the exchange because hacking will make the exchange less credible and will affect the whole crypto market. Just like what you said, investors are getting scared now.
although security is heavily guarded but the hacker is very smart looking for loopholes to break into the market. that's the skill of a hacker who is very afraid.
I am very sad to hear this new market stolen some of the assets causing crypto enthusiasts to decline. I also hope this becomes an example for other markets to be more vigilant in maintaining the security of market privacy.


Title: Re: hackers becoming smarter than exchanges?
Post by: lady Royal on July 28, 2018, 07:02:43 PM
It is not the hackers who are getting smarter the exchanges I believe.
It is the exchanges who are getting smarter to eat all the money and telling the people that it is hacked and making the exchange look like it is really hacked but in reality, it is not.


Title: Re: hackers becoming smarter than exchanges?
Post by: lunaelucemauram on July 28, 2018, 07:26:27 PM
Hackers aren`t "smarter".They are just more focused and persistent at searching and finding loops and leaks in the security of the crypto trading platforms.Most of the crypto exchange platforms just don`t want to invest more money into their security,that`s why they get hacked all the time.
The theory about all those "hacked" exit scams isn`t always true.Nowadays it`s easier to find the real identity of most crypto exchange owners.

I agree with you for instance not only exchanges are getting hacked there is also the NiceHash hacking incident in the last quarter if last year when the prices of cryptocurrency is on the roof. Hackers will exploit almost any weakness in the security through persistence whether it is the crypto market to a social media accounts and to only protact your self is to think how they think.


Title: Re: hackers becoming smarter than exchanges?
Post by: krishnaverma on July 28, 2018, 07:29:25 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

It is not about the smartness. The problem is the thinking which compels them to take the wrong route. Mainly these are guys who just think of short term earnings and ignore the consequences. I have had made good money reporting bugs on websites that prevents such hacks. I know some who make a living with it and also have a lot of respect from others.  Some crypto exchanges have also come up with a bug bounty program.


Title: Re: hackers becoming smarter than exchanges?
Post by: Zarangozang on July 28, 2018, 07:32:19 PM
it is true with what you say in the title for this thread, want as safe as an exchanger must be hackers will always find a gap to be able to break and steal data and assets in it. to get to him if not immediately fixed in the system better exchangers the hackers will definitely come back again because it already knows the gap and the process to hack again.


Title: Re: hackers becoming smarter than exchanges?
Post by: pokeronlinestatus on July 31, 2018, 08:10:33 AM
Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.
Exactly. I think so.
These types of hackers are increasingly smarter to explore ways to enter the electronic money world.
At the same trading floors as well as seo services are also involved in the process of making them stronger to stay away from hackers.
In the past the hackers may have entered easily, and now the script is different.
So invest wisely and know how to protect your assets.
With the advancement in technology, the tools which are being used by the hackers are quite advanced and that they are exploiting different kind of vulnerabilities to attack others and to grab the money which does not even belong to them. You have to be very much careful and that you need to stay away from such people and that you can only do once you have enough of the information.


Title: Re: hackers becoming smarter than exchanges?
Post by: MaryClark12 on July 31, 2018, 08:26:05 AM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.


Title: Re: hackers becoming smarter than exchanges?
Post by: gunhell16 on July 31, 2018, 08:32:29 AM
hackers are hackers, scammers are scammers...
they are in every corner of the world.
all we need to do is to be careful and keep in safe.
exchanges will do their work and will try to put walls that hackers can't get in.


Title: Re: hackers becoming smarter than exchanges?
Post by: bitsdubai on July 31, 2018, 09:47:11 AM
Hacks occur more often where there is money, profit, benefit. There are no cryptocurrencies on the exchanges at the moment, the security system is not properly established. In addition, there are suggestions that the exchange themselves are related to hacking. I also believe that hackers have always been ahead of the rest, they are very smart people. They are even trading on the stock exchange is not necessary.


Title: Re: hackers becoming smarter than exchanges?
Post by: Fideend on August 01, 2018, 12:10:23 PM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.
May be so but I personally have no idea about it. But it is important that the exchanges should increase their security, because we have already seen so many chases where the whole exchanges has been hacked, so that to avoid such kind of cases in future. I think it is also important to choose a good and trusted exchange where we keep our money more secure.


Title: Re: hackers becoming smarter than exchanges?
Post by: CoinEraser on August 01, 2018, 12:21:27 PM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.

The whole time exchanges were already hacked. This is not very new, but always a big problem for exchanges. No exchange is 100% safe. There will always be new ways to hack such pages. Therefore, my constant advice, no longer leave coins there as necessary.  ;)


Title: Re: hackers becoming smarter than exchanges?
Post by: patarfweefwee on August 01, 2018, 12:50:18 PM
Well it's actually a cycle. Hackers threaten the exchanges then exhanges prepare and beat them with something new. I know that hackers will lose this because exchanges are backed up by resources that hackers don't necessarily have. Besides, hackers use human error to hack accounts and not necessarily challenging the exchanges security system


Title: Re: hackers becoming smarter than exchanges?
Post by: pginvest on August 01, 2018, 12:55:19 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Securing systems is hard, even when systems are technically secure a person such as an admin reusing a password and haviong that pasword exposed somewhere else can lead to a breach. I guess when there is big money involved the hacking attempts are relentless. This isnt an excuse, I guess to be in that business (exchanges) they should have their sh*t in order - but clearly, the problems continue.


Title: Re: hackers becoming smarter than exchanges?
Post by: carlisle1 on August 01, 2018, 01:21:43 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

What about asking if the hackers are really different person?or with connivance with the exchangers ?ooopps dont get me wrong but this plays in my mind since then,exchanges being highly secured and protected are getting hacked that easy,nowadays this sites are very vulnerable with this criminals i dont really know whats happening behind this scene


Title: Re: hackers becoming smarter than exchanges?
Post by: JohnWick_Bitcoin on August 01, 2018, 02:21:15 PM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.

I think those blackhat hackers are just being hired of a specific companies in order to take down their competitors and those investors are just being affected intensely if they are holding a huge amount of coins.


Title: Re: hackers becoming smarter than exchanges?
Post by: tokoorochan on August 01, 2018, 02:24:40 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

What about asking if the hackers are really different person?or with connivance with the exchangers ?ooopps dont get me wrong but this plays in my mind since then,exchanges being highly secured and protected are getting hacked that easy,nowadays this sites are very vulnerable with this criminals i dont really know whats happening behind this scene
we need to be positive thinking about this case.although much of us suspicious about this accident, but we must understand that exchange had do their job well.they just need to improve their security level ,in order it doesnt repeat again in future.


Title: Re: hackers becoming smarter than exchanges?
Post by: ntarah langger on August 01, 2018, 05:01:37 PM
human nature, want to have something.
but they abuse their advantages for unlawful deeds and harm others.
I believe the hackers are people who have an above average IQ, should they use it for useful things not the other way around.
store our personal data very securely, and never give it to anyone but the person you trust the most.


Title: Re: hackers becoming smarter than exchanges?
Post by: IGP50 on August 01, 2018, 05:47:24 PM
Hackers nowadays have devised tactical strategies and they bare always alert to get someone to hack. This scares most traders and investors to do trading or invest respectively. My account was nearly hacked when i forgot to put my wallet password in filling forms instead of the wallet itself. Let us all be very vigilant with hackers. 


Title: Re: hackers becoming smarter than exchanges?
Post by: ghermghuda on August 01, 2018, 07:47:05 PM
You are right buddy! The hackers are scaring away the new investors for the fact being that their funds may not be secure and that people will take them away. But I don't blame exchanges fully. We are still under development as a new venture (I mean cryptocurrencies ) and so it might take sometime for us to get ourselves established.


Title: Re: hackers becoming smarter than exchanges?
Post by: crazymelons12 on August 01, 2018, 11:48:11 PM
Hackers are really taking so much time and effort to steal large amounts of money in cryptocurrency, no wonder these large exchanges could not hold as much to prevent hacking. And you maybe right about it, they might have bypassed the security systems of the Exchange before they were able to upgrade it. They are innovative and experts so there are always a potential threat from these hackers. But I know for certain that these can be blocked if they would upgrade their sysytems and hire more experts to monitor attempts of hacking.


Title: Re: hackers becoming smarter than exchanges?
Post by: Nolimitz84 on August 02, 2018, 01:40:24 AM
I am sure that now someone is sitting and working on in order to protect investors from fraud.Let's be patient and soon we will see the crypto world without scams


Title: Re: hackers becoming smarter than exchanges?
Post by: Pattart on August 02, 2018, 02:00:55 AM
hackers are hackers, scammers are scammers...
they are in every corner of the world.
all we need to do is to be careful and keep in safe.
exchanges will do their work and will try to put walls that hackers can't get in.
You know everyone becomes smart as technology advances, when hackers get smarter, of course exchanges will also get stronger security, they will not stand in place dude, they must upgrade their security, so you don't have to worry, yeah all you have to do is stay cautious..


Title: Re: hackers becoming smarter than exchanges?
Post by: Sled on August 02, 2018, 02:45:07 AM
It is obvious that the hackers are smarter than the exchanges because if they are not smarter than the exchanges then it would be impossible for them to hack or bypass the exchanges to stole some of the cryptocurrencies or money in a certain exchange. They have a lot of information that they can use in order to bypass so they are clearly smarter.


Title: Re: hackers becoming smarter than exchanges?
Post by: Dudeperfect on August 02, 2018, 03:29:49 AM
I don't think that there is something more on hackers side but there is a high probability of having something less on the side of the exchanges. It is true that hacking incidents are scaring new investors but there is a lack of awareness among the people so they highly rely on the websites to keep their funds secure. It is the need of the hour to spend more resources on security precautions for the exchanges to hold and bring back the trust of investors.


Title: Re: hackers becoming smarter than exchanges?
Post by: Karakas on August 02, 2018, 04:38:17 AM
maybe this will be a strong example or who has more intelligence or knowledge that will kick the weak, the exchange site owners should employ hackers in their company


Title: Re: hackers becoming smarter than exchanges?
Post by: dire-2002 on August 02, 2018, 05:01:13 AM
I think it comes from the subjectivity of the security mechanisms of trading platforms. They do not improve and extend the security options for users. That's why hackers exploit and cause panic for investors and market trends.


Title: Re: hackers becoming smarter than exchanges?
Post by: pragna on August 02, 2018, 05:45:09 AM
Obviously hacker are smarter and they know much there is no doubt. But i mention here if anybody create anything he should make its security power more and more as it gives you income. So team of any exchanger committee should more smarter then hacker. When you taking risk of lot of peoples financial system you should more and more careful otherwise you will lose your system as Etherdelta happen. So i think team of owner should more and more careful.


Title: Re: hackers becoming smarter than exchanges?
Post by: ucingucingan on August 02, 2018, 06:04:25 AM
of course there is always a gap for each technology, no matter how small the gap is, it will certainly be utilized to the maximum extent possible by hackers, so it's true that hackers are smarter than exchange, therefore there are some exchanges recruiting hackers to join them so that exchange they are quite safe


Title: Re: hackers becoming smarter than exchanges?
Post by: taiwww on August 02, 2018, 07:04:29 AM
They are not getting smarter than the exchangers, because they are already smartest to be able to hack the great security backed exchanges. Dont you think that it is for real that how they go through the links, and hack most secured crypto exchanges ever built. Sometimes I feel that its we human who create an error based scripts and codes which always have loop holes in them and thus hackers can easily get into it and steal whatever they want. Basically this might be done through the accounts that people create over it and with smallest error they catch the fish. It could be lot of bugs and errors thats causing this.


Title: Re: hackers becoming smarter than exchanges?
Post by: shawn995 on August 02, 2018, 07:51:56 AM
I think hacker are not "smarter".They are simply more engaged and constant at seeking and discovering circles and holes in the security of the crypto exchanging platforms.Most of the crypto trade stages just don`t need to put more cash into their security,that`s why they get hacked constantly.
The hypothesis about every one of those "hacked" leave tricks is not dependably true.Nowadays it`s simpler to locate the genuine character of most crypto trade proprietors.


Title: Re: hackers becoming smarter than exchanges?
Post by: chainedblocks on August 02, 2018, 09:26:49 AM
In my opinion, each new protection only requires no standard hacking.  Any protection can be bypassed, only skills are needed!
There is no such thing which can help us in believing this thing that hackers are not well equipped and that they canít do anything and that there is no such need to take precautionary measures to stay away from such people. With advancements, hackers have also started using modern technologies and that you can only stay safe if you have enough of the knowledge and that you are taking all the necessary measures.


Title: Re: hackers becoming smarter than exchanges?
Post by: The_Dark_Knight on August 03, 2018, 01:49:41 AM
hackers are hackers, scammers are scammers...
they are in every corner of the world.
all we need to do is to be careful and keep in safe.
exchanges will do their work and will try to put walls that hackers can't get in.
But we have seen time and time again that is not the case, hackers have all the time in the world to find the smallest vulnerability in a system, this is why it is not recommended that you keep your coins in an exchange because if the exchange is hacked most likely you will be hacked as well, while it is very unlikely that you are going to get hacked if you are a small holder of bitcoin.


Title: Re: hackers becoming smarter than exchanges?
Post by: viananda2525 on August 03, 2018, 03:11:27 AM
hacker has various technique.their knowledge improved and technology support their skill.so no doubt hacker now being smarter than before and able to penetrate in crypto exchange security system.


Title: Re: hackers becoming smarter than exchanges?
Post by: victoryana on August 03, 2018, 03:43:33 AM
Hackers today have so many tips that they can steal user information and steal user money, so we need to be more careful and absolutely confidential information of wallets or important information related. our property


Title: Re: hackers becoming smarter than exchanges?
Post by: DigitalCyberius on August 03, 2018, 04:32:48 AM
Maybe by design? Or greed and corruption from the inside? Or maybe just really smart hackers and/or new technology to help them hack. One thing's for certain, knowledge and technology is on an exponential curve, and exchanges are going to need to outsmart and outtech future hackers. Especially with the onset of artificial intelligence, quantum computers, etc.

The Cyberius team.


Title: Re: hackers becoming smarter than exchanges?
Post by: zubrr51 on August 03, 2018, 04:41:00 AM
The main goal of hackers is to steal someone's money from an electronic account. To do this, they constantly improve their skills.


Title: Re: hackers becoming smarter than exchanges?
Post by: Yelosita on August 03, 2018, 10:13:53 AM
hacker has various technique.their knowledge improved and technology support their skill.so no doubt hacker now being smarter than before and able to penetrate in crypto exchange security system.
Hackers are people who can break through computer security systems to get what they want. They work with great discipline to be able to enter the network they want to crack, even through very small gaps, so theft can occur.

Sometimes it even involves insiders. For hacked crypto exchanges that lose millions of dollars, prove that the level of security is still not perfect. Hackers always improve their knowledge and techniques so that their work is successful, on the other hand crypto exchange also improves their security system so it can not be hacked.


Title: Re: hackers becoming smarter than exchanges?
Post by: coinfinger on August 04, 2018, 04:47:24 AM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.

The whole time exchanges were already hacked. This is not very new, but always a big problem for exchanges. No exchange is 100% safe. There will always be new ways to hack such pages. Therefore, my constant advice, no longer leave coins there as necessary.  ;)
You can say these exchanges always complaining about hackers and some other related stuff. But this isnít affecting you people. You can assume such risk factor before coming into practical world. When selection of exchanges is under concern, you must be sure that what you are going to select, must be less risky than others. So, go for it and have a good trading season.


Title: Re: hackers becoming smarter than exchanges?
Post by: zanezane on August 04, 2018, 05:35:33 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

That's also my side like they even guarantee us a security yet how on earth it got hacked. Of course there's some sites that got really hacked but some of it is hacking itself scheme and just blame the action to hackers. So if you can avoid storing your coins to exchanges please do as those hard earned coins isn't a joke for us. Though if you really want to store then store what you can afford to lose.


Title: Re: hackers becoming smarter than exchanges?
Post by: kordon16 on August 04, 2018, 01:23:42 PM
Nothing and nobody stands still. Everything is developing and hackers including too. No I think nothing is invulnerable, everything can be find the key and the master key. Thieves say that there is no such a castle, which is impossible to open, only have to dig longer))


Title: Re: hackers becoming smarter than exchanges?
Post by: Vineeta2oct on August 04, 2018, 01:31:34 PM
Hackers will always try to hack the exchanges, well, who doesn't like a lot of money? If hackers are becoming smarter then obviously there would be something that could be done to stop them. At the end they are humans, and if one human can hack it, others can stop it too.


Title: Re: hackers becoming smarter than exchanges?
Post by: Baofeng on August 04, 2018, 03:00:57 PM
And they are not only getting smarter, but I speculate that those criminals are also getting younger. Kids now a days have a lot of free time and most of them are really in front of their computer and trying everything they learn in schools and underground to hack not only exchanges but other websites as well. That's why exchanges need to be on top of their games always and not blink, others hackers are just waiting for the right time to attack the vulnerabilities and then our money is gone just like that.


Title: Re: hackers becoming smarter than exchanges?
Post by: thevlox on August 04, 2018, 03:16:22 PM
The hacker is being smart nowadays the era of the new era is getting better. hacker rao is smart crypto platforms just dont want but its so important if hacked currency .. we have to nothing to do so we should carefull from now


Title: Re: hackers becoming smarter than exchanges?
Post by: Jaber1572 on August 07, 2018, 09:50:56 PM
Here it is in the safety of the purse. You need to choose a reliable wallet. Personally, I use Blockchain.


Title: Re: hackers becoming smarter than exchanges?
Post by: GymClassHeroes on August 07, 2018, 09:55:52 PM
It seem the level of hacks we have had in recent times are of the highest levels, despite the huge investments made by reputable exchange on securing their assets, we have still had such hacks, hackers have the resources to do their nasty deals.The only remedy so far is to used cold storage but exchanges will always need some online for trading .Sadly also , some of the hacks have insiders help


Title: Re: hackers becoming smarter than exchanges?
Post by: Flor1982 on August 07, 2018, 10:12:54 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I think some hackers can penetrate the exchange system not just only because there is a hole or weakness in the system but possibly there is an inside job that is happening in which their staff are connected with the hackers for potential huge steal. Of course if this is true then they will not tell this to the masses because their credibility is at stake. Maybe after those penetrating experiences they should not let that happen twice or they may lose future clients.


Title: Re: hackers becoming smarter than exchanges?
Post by: Lexurdania on August 08, 2018, 12:43:25 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Hacking always happen in any market. They always searching crack on exchange system. The safest way that we can do is storing our coin/token on our wallet and not in exchanger wallet. Beside that, we should protect our account with using 2FA application. Beside from our side, exchanger should always improve their security to make sure customer fund are safe


Title: Re: hackers becoming smarter than exchanges?
Post by: siglesias on August 08, 2018, 12:56:17 PM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.


Title: Re: hackers becoming smarter than exchanges?
Post by: Dontme on August 08, 2018, 01:01:36 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Well, we dont avoid hackers since we know that money is everything money is too important to all of us, important in the life of people. But even so, the exchanges are responsible on it they need to become more secure and upgraded.


Title: Re: hackers becoming smarter than exchanges?
Post by: pocketfullofpoke on August 08, 2018, 03:08:26 PM
That may be case of the following fiasco of some crypto exchanges that fall as a victim of cyber criminals. Of course, they must be really good and have the knowledge of cryptographic algorithms to succeed their bad intentions. That's what adds to the riskiness of engaging into crypto today.


Title: Re: hackers becoming smarter than exchanges?
Post by: Harrisonimo on August 08, 2018, 03:25:16 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


The current hacks happening on the exchanges can also best explain for the dips; millions of dollars leaving the cryptocurrency markets in a sudden way. I do hope the overhead bodies that did set up the digital currency/cryptocurrency will help look into this before the hackings/hackers collapse the whole market frame.


Title: Re: hackers becoming smarter than exchanges?
Post by: jrrsparkles on August 08, 2018, 03:45:33 PM
Hackers are doing this as their profession so they need to do with the perfection if they want to make money. :D

Hackers means smart individuals in my opinion because they were good at finding the loop holes of any security system and will reach through it,so this is happening with the exchanges as well so the exchange also need to keep them updated constantly to defend the hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: a4techer on August 08, 2018, 04:13:46 PM
Hacker is a hacker not only smarter but they also have strategy who will be hack or who can be hacked they have many strategy because of being greedy in money even its illegal or even it's not right to do but they always thinking their self. Even secured website they can hacked because they are snart and have strategy so everybody make it sure that your coin was in a safe.


Title: Re: hackers becoming smarter than exchanges?
Post by: juragane on August 08, 2018, 04:52:10 PM
I think hackers are just a group of people who work together to attack in one place of exchange and try to focus on penetrating the defenses of the place of exchange and that working with many people is different from the security of the exchange place.


Title: Re: hackers becoming smarter than exchanges?
Post by: Hovhannes on August 08, 2018, 04:53:29 PM
This problem can be solved if exchanges hire good programmers, but this is not guaranteed. This is a common problem, and now there is no solution.


Title: Re: hackers becoming smarter than exchanges?
Post by: anushkasachith888 on August 08, 2018, 06:17:25 PM
I feel sometimes, those hackers are really inside job? Because it is a good excuse for them to cheat. If it really happens, how can we stop these frauds?


Title: Re: hackers becoming smarter than exchanges?
Post by: IGP50 on August 08, 2018, 06:30:51 PM
Nowadays, the hackers in the system devise numerous ways to get people's accounts hacked. Some undertake the strategy of sending an email to you and by the time you realize filling what entails, they have gotten your database and can access your account easily.


Title: Re: hackers becoming smarter than exchanges?
Post by: freshbcash on August 09, 2018, 10:41:23 PM
I don't really believe that every time the exchange broke hackers. Maybe the owners were just faking the break-ins.


Title: Re: hackers becoming smarter than exchanges?
Post by: andrei56 on August 10, 2018, 01:16:20 AM
It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: Pendularin on August 10, 2018, 01:53:20 AM
It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

The exchanges will scam people if they wanted to do it, unless their site has a definite foundations to prevent any inappropriate activities to happen. If hackers could invade the system security of the site, then the support of the exchanges was broken. They will be more liable to have secured firewall so that probable attackers will be prevented.


Title: Re: hackers becoming smarter than exchanges?
Post by: knggtrrz on August 10, 2018, 01:54:04 AM
It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

You are right, because of the modern technology and new programmings, hackers can always finds vulnerabilities to attack websites or exchanges, the most important thing exchanges keeps updating their system.


Title: Re: hackers becoming smarter than exchanges?
Post by: KalaiBTC on August 10, 2018, 06:41:00 AM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.


Title: Re: hackers becoming smarter than exchanges?
Post by: Aivaryamal on August 10, 2018, 07:44:49 AM
Scammers never dozed off and always find ways to bypass the protection of various exchanges and resources, just need to be even more careful about our data, to come up with complex passwords, and finally soon we will be secure decentralized sites.


Title: Re: hackers becoming smarter than exchanges?
Post by: terrific on August 10, 2018, 08:16:00 AM
Hackers are doing this as their profession so they need to do with the perfection if they want to make money. :D
Profession of being criminal and robbers, they are smart and yet they work with the laziest idea that they can.

Hackers means smart individuals in my opinion because they were good at finding the loop holes of any security system and will reach through it
Hackers has two sides, the good and the bad ones.
Those good hackers are called white hat hackers and the bad ones are black hat hackers.
And these hackers that rob exchanges are black hat hackers, while the white hat hackers they help a company if they see some loop hole.


Title: Re: hackers becoming smarter than exchanges?
Post by: Donationcoin on August 10, 2018, 04:54:48 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
This is an obvious in common thing in the role that hackers Are continuously growing in they are knowledge and experience so they are a real threat in our cryptocurrency world because they can shake us.


Title: Re: hackers becoming smarter than exchanges?
Post by: Farma on August 10, 2018, 05:02:14 PM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.
I think, there are so many great hackers out there. even some famous exchangers can also be damaged in the defense system. I think they always develop their abilities at any time, which is why they are hard to beat.


Title: Re: hackers becoming smarter than exchanges?
Post by: mooen on August 11, 2018, 02:55:05 PM
Hackers see that the movement of cryptocurrencies is in full swing and at very high prices, why not tear off a piece of cake, if they can.


Title: Re: hackers becoming smarter than exchanges?
Post by: boyz97 on August 11, 2018, 03:06:17 PM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.
I think, there are so many great hackers out there. even some famous exchangers can also be damaged in the defense system. I think they always develop their abilities at any time, which is why they are hard to beat.
their tools and weapon always developted.and it is very support their various technique to damage crypto exchange security system.hackers are genius people , they now how to solve problem while attacking system


Title: Re: hackers becoming smarter than exchanges?
Post by: The_Dark_Knight on August 15, 2018, 02:18:25 AM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
People have the wrong idea that hacking happens in a matter of minutes but a big hack takes months to plan and to execute, hackers first need to find a way in, and most of the time they are going to do that with a phishing email or something similar since customer support needs to respond to people, once they get that they look for vulnerabilities and that is something that takes a lot of time, once they know what they want to do they do it and steal the coins.


Title: Re: hackers becoming smarter than exchanges?
Post by: sheenshane on August 15, 2018, 03:40:50 AM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
People have the wrong idea that hacking happens in a matter of minutes but a big hack takes months to plan and to execute, hackers first need to find a way in, and most of the time they are going to do that with a phishing email or something similar since customer support needs to respond to people, once they get that they look for vulnerabilities and that is something that takes a lot of time, once they know what they want to do they do it and steal the coins.
I don't have ideas on hacking because I'm not one of them, well, as what you have said above probably right since there are noobs people in clicking phishing sites instead of the real one. Nowadays, these hackers may easily steal our fund from our wallet in just a couple of hours if we are not careful with our private keys. Why we get hacked if we know how to secure our private keys and avoid clicking given links.
Those big exchanges get hacked maybe when it comes there is a bug the hacker take advantage on that time they are always ready to attack and waiting for victims. A system is always hackable there is no guarantee on this to be secured.


Title: Re: hackers becoming smarter than exchanges?
Post by: lehuong on August 15, 2018, 03:46:20 AM
Hackers are always looking for ways to steal information from the person who is holding the bitcoin and, moreover, the bitcoin will give us a lot of valuable assets, but the bitcoin system is very safe and hackers can not. more intelligent than the exchanges


Title: Re: hackers becoming smarter than exchanges?
Post by: naily on August 15, 2018, 04:02:32 AM
indeed hackers are constantly trying to find weaknesses from exchange sites, as investors we have to be careful, if I make exchanges for the short term so that it is not too long in the exchange site


Title: Re: hackers becoming smarter than exchanges?
Post by: paparexon0414 on August 15, 2018, 04:13:35 AM
Those evil minds will always find ways just to gain profit from the other. I also believe its also an inside job, due to this exchanges have a tough security. Those who develop their system ( not saying all of them, just stating some possibilities) have this multiple access and can be only penetrated by them. If ever, there are some people who manage to do it outside, well they are really intelligent (in such a bad ways) and smart. Its just really sad, i hope they just use it in more progressive way.


Title: Re: hackers becoming smarter than exchanges?
Post by: gambitcoin53 on August 15, 2018, 04:29:59 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

i think exchanges are just third parties that usually has low resources due to competitions in the market, its just that hackers are too smart no to spare exchanges such as binance, we cannot stop them, if they want to hack someone they will hack them eventually even the most secured sites are not safe to these hackers, i think the best thing to do is find some exchanges that not yet eyed by hackers that is why it is important to never put your coins in one place, use multiple exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: Rhaizan on August 16, 2018, 10:57:36 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

Those people are not yet contented with what they have. But anyways, they are not becoming smarter, they're becoming evil. I hope that this won't happen to all of us.
All together, let us promote kindness and generosity for these are the good characteristics that the world have been lacking of.

I feel very sad for those people who cannot be contented for what they have, they want to have many more money, an easy money but they did wrong because they hack the money of other people  .


Title: Re: hackers becoming smarter than exchanges?
Post by: Sama517 on August 16, 2018, 11:58:18 AM
With the rampaging nature of this hackers, everyone just has to be extra vigilant. The exchanges also has a lot of work to do in order to protect the investment of their customers.


Title: Re: hackers becoming smarter than exchanges?
Post by: tubig123 on August 16, 2018, 12:30:47 PM
We must be prevent hackers cannot becoming smarter than exchange it can be maked a big image to all the investors and members if it will happened.The organization will not be trusted anymore if the hackers can not stop.


Title: Re: hackers becoming smarter than exchanges?
Post by: wuvdoll on August 17, 2018, 08:22:25 AM
In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
We all already knows that nothing online is very safe these days. So since you already know that,  it would be best if you can move your coins from exchanges to your main wallet which is more secured. As for exchanges you should only leave the coins you want to trade with on exchanges while the rest stays in your wallet. Although there are safe wallets out there, I still wouldnít advise anyone to keep their coins in exchanges.

When hackers are also human being they cannot go smarter than us, lol. I mean safety measurements are being innovated day by day to get rid off those smart hackers but some of us are very lenient in covering all the checks of protecting our assets and accounts that is the reason why sometimes hacker go smarter than us.


Title: Re: hackers becoming smarter than exchanges?
Post by: alp on August 17, 2018, 10:56:42 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

It seems to me that almost all exchanges use the same site script. in which the same vulnerabilities. Many programmers do not speak about it and these problems are revealed when hackers or employees under the guise of hackers break into exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: Gabali126 on August 17, 2018, 11:26:22 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Since the hackers won't stop until they steal the last crypto coin, then everyone need to gear up and be smart about protecting their wallets.


Title: Re: hackers becoming smarter than exchanges?
Post by: Cryptoworld4 on August 17, 2018, 11:49:52 PM
The hackers are just like spoilers when it comes to cryptocurrency. They are the ones chasing so many people away from investing in cryptocurrency. Some should be done about them.


Title: Re: hackers becoming smarter than exchanges?
Post by: Coin-1 on August 17, 2018, 11:54:22 PM
To be honest, I thought that some large crypto exchange market was hacked a few days ago when the altcoins including Ethereum were dropped down to -20%. The hackers are becoming very smart indeed. They can do much things. I'm sure that the trading platforms should invest in their security a lot of money from the budget, because every successful hacking smears their reputation. People won't use an unreliable exchange markets and will go away to a competitors. But, unfortunately, hacking one large exchange markets can significantly affect on the global crypto currency market.


Title: Re: hackers becoming smarter than exchanges?
Post by: dlhezter on August 17, 2018, 11:59:02 PM
Most of us are aware of the system in crypto currency, It is normal for us to encounter some hackers in some exchange, Its a matter of the security protocol of every exchange they mus have some multi layer security to ensure the funds of the users of the said exchange, Must maintain the security to avoid hackers in the program, Hackers do also develop some hacking method to compromise some exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: AmberFlotilla on August 18, 2018, 06:00:20 AM
I think hackers are really smart and they become smarter every day, they have hit to trust and greed of the user. This phenomenon can be said to be the struggle of the intellect, the more intelligent people will win the war. And I think this war will not end.


Title: Re: hackers becoming smarter than exchanges?
Post by: airdrophunter on August 18, 2018, 07:14:39 AM
I would not be surprise anymore reading news and headlines about a cryptomarket being infiltrated and looted by cyber criminals because the fact that trading of cryptos took place there, and is also a place where some crypto traders and investors keep their crypto assets means MONEY for these ruthless cyber criminals. What you expect to happen then if your hands are full of money?


Title: Re: hackers becoming smarter than exchanges?
Post by: PlusOne88 on August 18, 2018, 07:16:50 AM
Well in my opinion this often happens as hackers are trying their best to hack into accounts to gain more profit. And no matter how advanced systems are their are still flaws that could be encountered and exploited. Even the pentagon was hacked so I am assuming that things like this could just happen. But I don't think they are not so secured.


Title: Re: hackers becoming smarter than exchanges?
Post by: chocolah29 on August 18, 2018, 07:34:34 AM
I think hackers are really smart and they become smarter every day, they have hit to trust and greed of the user. This phenomenon can be said to be the struggle of the intellect, the more intelligent people will win the war. And I think this war will not end.

Obviously they're thinking ahead before we can think about it so in return we should be thinking like them too. Digital world is vulnerable to everything and in just one mistake it can ruin everything. So better yet be mindful in everything and don't ever leave coins in exchanges or just leave what you're afford to lose. And even if it's an inside job or not we should be ready to anything that might happen because greediness is just around the corner.


Title: Re: hackers becoming smarter than exchanges?
Post by: nidacoinlove on August 18, 2018, 08:09:12 PM
Most of us are aware of the system in crypto currency, It is normal for us to encounter some hackers in some exchange, Its a matter of the security protocol of every exchange they mus have some multi layer security to ensure the funds of the users of the said exchange, Must maintain the security to avoid hackers in the program, Hackers do also develop some hacking method to compromise some exchange.
We are standing in a global village in a place of technology, information technology is has always had this challenge of hackers. The reason is that we see smart people operating the services and smart people using these services. There is no chance for anyone to do a little mistake or show any weakness. The hackers are always smart, they believe in spoiling others efforts and making it their success to breach a security system. Itís a fight between the smart and the dump whoever is smarter will achieve his goals. So, be careful. ;)


Title: Re: hackers becoming smarter than exchanges?
Post by: vcrypte on August 18, 2018, 09:28:36 PM
Because it is very poor protection, you need to hire more experienced programmers who will clean up all the weaknesses in the system.


Title: Re: hackers becoming smarter than exchanges?
Post by: Agapelove on August 18, 2018, 09:50:08 PM
Because of these security issues these exchanges been experiencing, some people are having doubts on whether cryptocurrencies will eventually emerge as world currency. Those hackers are really up to date. Exchanges should really work double time to resolve these issues at hand.


Title: Re: hackers becoming smarter than exchanges?
Post by: Sarastiche on August 18, 2018, 09:54:48 PM
The fear of hackers is a major factor,militating against the growth of cryptocurrency platform as lots of investors in the community are scared  of loosing there investment to robbers that cannot be trace, more reason why am an advocate for government regulations in the crpto space, which migth help to trace individual invlve in any form of transaction.


Title: Re: hackers becoming smarter than exchanges?
Post by: Diego_Davis on August 18, 2018, 10:02:22 PM
Think about it. Billions ot dollars in crypto market. Who would not attack that if you know how to.
I think this is key. Perhaps some of the exchanges have underestimated potential security risks. Whatever they do though, there will always be some vulnerabilities. It's just natural that hackers will constantly be attacking these systems. It's an endless battle between hackers and security experts from the exchanges. Each side is constantly trying to make sure their one step ahead in the game. There's a lot of potential money at stake.


Title: Re: hackers becoming smarter than exchanges?
Post by: Wallflower28 on August 18, 2018, 10:04:50 PM
I think no, why? Because of the hackers are the core members of the team. There are many sabotage happens in an exchange and it is the reason why exchanges are intercepted easily. Hackers cannot touch the security of exchange because they have the strongest and experienced team.


Title: Re: hackers becoming smarter than exchanges?
Post by: Ranly123 on August 18, 2018, 10:29:04 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I don think those exchanges you mentioned did not do any measures to secure their site is safe. Of course they are but in making such securities, it would take time to realize it or else the hackers will have them again and again.


Title: Re: hackers becoming smarter than exchanges?
Post by: Hamstead on August 18, 2018, 11:36:22 PM
They are particularly of doing their best and create ways to crackdown private keys and password.  Our best thing to do is not to stay alone in just a single addy especially for online base wallets so they can't trace it easily. And if they might catch it, there Is still left on us.


Title: Re: hackers becoming smarter than exchanges?
Post by: Sled on August 19, 2018, 12:24:49 AM
They are particularly of doing their best and create ways to crackdown private keys and password.  Our best thing to do is not to stay alone in just a single addy especially for online base wallets so they can't trace it easily. And if they might catch it, there Is still left on us.
To avoid from hackers from hacking our account in exchanges and stealing our cryptocurrencies, it is best for us to don't put a lot of money or all of the cryptocurrencies that we have, it is better to just put the capital and not the other balances in order to stay safe and to avoid losing all of the things that we have.


Title: Re: hackers becoming smarter than exchanges?
Post by: KS03 on August 19, 2018, 12:40:20 AM
These hacks mostly come from insiders.  No one is hacking the actual algorithms.  It's much like the people here claiming to get hacked when they click on a bad email link.  It's not a real/legit hack. 


Title: Re: hackers becoming smarter than exchanges?
Post by: Pattart on August 19, 2018, 01:41:53 AM
I think hackers are really smart and they become smarter every day, they have hit to trust and greed of the user. This phenomenon can be said to be the struggle of the intellect, the more intelligent people will win the war. And I think this war will not end.

Obviously they're thinking ahead before we can think about it so in return we should be thinking like them too. Digital world is vulnerable to everything and in just one mistake it can ruin everything. So better yet be mindful in everything and don't ever leave coins in exchanges or just leave what you're afford to lose. And even if it's an inside job or not we should be ready to anything that might happen because greediness is just around the corner.
Agree but the exchange is not just walking in a place of course prorammer and their team will always do an update to counteract the
hackers who will come, but still you have to be careful don't be careless. Digital world is very vulnrable to hack, so be careful..


Title: Re: hackers becoming smarter than exchanges?
Post by: JesusCryptos on August 19, 2018, 02:00:47 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

The challenge between hackers and developers has been the history of IT and of crypto and for sure it will never stop. Occasionally some smarter hacker appears - that's inevitable, that's nature. Get used to that.


Title: Re: hackers becoming smarter than exchanges?
Post by: boyz97 on August 19, 2018, 02:16:26 AM
They are particularly of doing their best and create ways to crackdown private keys and password.  Our best thing to do is not to stay alone in just a single addy especially for online base wallets so they can't trace it easily. And if they might catch it, there Is still left on us.
To avoid from hackers from hacking our account in exchanges and stealing our cryptocurrencies, it is best for us to don't put a lot of money or all of the cryptocurrencies that we have, it is better to just put the capital and not the other balances in order to stay safe and to avoid losing all of the things that we have.
i think put it into several place can be best option for us.while one account hacked , another account are safe.maybe safe it on offline wallet can be choice for us.


Title: Re: hackers becoming smarter than exchanges?
Post by: Janation on August 19, 2018, 02:19:15 AM
I think no, why? Because of the hackers are the core members of the team. There are many sabotage happens in an exchange and it is the reason why exchanges are intercepted easily. Hackers cannot touch the security of exchange because they have the strongest and experienced team.

Not all of them actually. There are a lot of exchanges being hacked even though they have a great team of security, that is just a proof that hackers are finding new ways to hack an exchange.

That is the reason why not all systems are safe, there will always be a flaw, a vulnerable place to attack a system. They may be hacked but if we will be talking about experienced security, I guess it will just last a couple of hours or minutes and it will be back to fine.


Title: Re: hackers becoming smarter than exchanges?
Post by: Caladonian on August 19, 2018, 02:33:38 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

The challenge between hackers and developers has been the history of IT and of crypto and for sure it will never stop. Occasionally some smarter hacker appears - that's inevitable, that's nature. Get used to that.
I agree with that, this job from both ends has been there eversince, hackers will keep trying to break the defense where developers will keep improving the system, but there's a time where hackers find some ways to penetrate and surpass the exchange security system, hackers won't stop as it's been deliberately done as a job by some computer expert.


Title: Re: hackers becoming smarter than exchanges?
Post by: Oasisman on August 19, 2018, 02:34:15 AM
I think no, why? Because of the hackers are the core members of the team. There are many sabotage happens in an exchange and it is the reason why exchanges are intercepted easily. Hackers cannot touch the security of exchange because they have the strongest and experienced team.

Not all of them actually. There are a lot of exchanges being hacked even though they have a great team of security, that is just a proof that hackers are finding new ways to hack an exchange.

That is the reason why not all systems are safe, there will always be a flaw, a vulnerable place to attack a system. They may be hacked but if we will be talking about experienced security, I guess it will just last a couple of hours or minutes and it will be back to fine.

I think you didnt get his point.

Because of the hackers are the core members of the team

He mean that hackers maybe a member of the team. This is really possible, since the system cannot easily be compromised because all of the data are properly stored and its almost impossible for the outside people to touch and manipulate it, not unless if someone from the inside do it.
In general, storing something over the internet isnt safe.


Title: Re: hackers becoming smarter than exchanges?
Post by: wendiar19 on August 19, 2018, 03:42:26 AM
Yes, you are right for now, it seems hackers can be smarter and they always keep a big secret that can make them successful when they break into the place of exchange, it is really horrible and a very serious threat.


Title: Re: hackers becoming smarter than exchanges?
Post by: jambul_kribo on August 19, 2018, 04:02:45 AM
Yes, you are right for now, it seems hackers can be smarter and they always keep a big secret that can make them successful when they break into the place of exchange, it is really horrible and a very serious threat.
hacker's knowledged growth fastly.and they able to developt new methode to attack exchanges and wallet.so today it become risky again to save our cryptocurrency asset.


Title: Re: hackers becoming smarter than exchanges?
Post by: BigBos on August 19, 2018, 05:27:13 AM
Yes, you are right for now, it seems hackers can be smarter and they always keep a big secret that can make them successful when they break into the place of exchange, it is really horrible and a very serious threat.
hacker's knowledged growth fastly.and they able to developt new methode to attack exchanges and wallet.so today it become risky again to save our cryptocurrency asset.
you're right, they always learn new things at all times. even their team might have extraordinary intelligence. because even, as strong as exchanger / bank defense, they are broken into. well, they are very good at this.


Title: Re: hackers becoming smarter than exchanges?
Post by: prokerduit on August 19, 2018, 07:14:09 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
but it is very difficult to stop these hackers or scamer, there is no such application to deal with such criminals. if there is a possibility it will at least reduce crime so investors will be safe.


Title: Re: hackers becoming smarter than exchanges?
Post by: GalaxyWorld on August 19, 2018, 07:17:33 AM
You should focus on holding them for a long time, but do not worry too much about the market, do not worry too much when many people are trying to cheat on you, be confident and not believe in the that hacker


Title: Re: hackers becoming smarter than exchanges?
Post by: andrei56 on August 19, 2018, 09:12:53 PM
It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.

You are right, because of the modern technology and new programmings, hackers can always finds vulnerabilities to attack websites or exchanges, the most important thing exchanges keeps updating their system.
Correct, if the hackers discover a zero day vulnerability in the software the exchange is using they can easily hack them, writing code is very easy anyone can do it but writing code without any vulnerability is very difficult, there are hackers discovering zero day vulnerabilities and selling them for a lot of money to anyone that wants to pay for them and if a hacker gets his hands on it, it can be very dangerous.


Title: Re: hackers becoming smarter than exchanges?
Post by: BCTBF on August 19, 2018, 09:32:07 PM
They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.


Title: Re: hackers becoming smarter than exchanges?
Post by: RedzoneASE on August 19, 2018, 10:26:56 PM
I think that hackers really have the capability to break the security system of some exchanges. This is why we need to look for a good exchange that we could rely to and make sure that they will going to have their hands held with any losses we suffer from hacking issues.


Title: Re: hackers becoming smarter than exchanges?
Post by: Visteryy on August 19, 2018, 10:32:18 PM
Yes, you are right for now, it seems hackers can be smarter and they always keep a big secret that can make them successful when they break into the place of exchange, it is really horrible and a very serious threat.
hacker's knowledged growth fastly.and they able to developt new methode to attack exchanges and wallet.so today it become risky again to save our cryptocurrency asset.
We should be careful with many sources. Learn how to protect your property. Divide them into many places. Precautionary risks may occur.


Title: Re: hackers becoming smarter than exchanges?
Post by: Lagrood on August 19, 2018, 11:13:22 PM
Each IT specialist knows that there are vulnerabilities in every system so theoretically every system can be hacked. Hacking any well-secured IT system is not easy task because usually it is incredibly difficult and expensive nad, of course, there are various risks to be revealed and cought. By far hackers are very professional and incredible talented persons but it does not mean that they can do everything that they want. As far as I know serious IT systems are quite well-secured and such systems are maintained by very professional and experienced specialists so they can protect their systems against hacker's attacks.


Title: Re: hackers becoming smarter than exchanges?
Post by: Joe103 on August 19, 2018, 11:37:29 PM
If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.


Title: Re: hackers becoming smarter than exchanges?
Post by: Samaaliu on August 19, 2018, 11:57:51 PM
This hackers are really becoming a problem and a pound on everyone's flesh. The exchanges should just try to protect their database and every other thing.


Title: Re: hackers becoming smarter than exchanges?
Post by: hisuka on August 20, 2018, 12:19:06 AM
If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.
Exchanges should double check their security for all the benefits of the users. Hackers are everywhere to get people money and users must be cereful and being smart to protect their wallet.


Title: Re: hackers becoming smarter than exchanges?
Post by: squog on August 20, 2018, 01:30:45 AM
That is troubling news. Hackers threatening our wallets and our hard earned coins should be taken seriously by exchanges. Then again, people themselves who have access to their wallets should really know how to protect themselves from user error through phishing websites and such. I just hope we build a fool proof security soon.


Title: Re: hackers becoming smarter than exchanges?
Post by: calya on August 20, 2018, 01:58:56 AM
If the hackers are becoming too smart, then the exchanges should beef up their security to protect people deposits.
and they need to hire white hat hackers to improve their security system.since many hacking cases in crypto market , exchanges need to improve their system to protect their member.


Title: Re: hackers becoming smarter than exchanges?
Post by: Incodium Coin on August 20, 2018, 02:26:28 AM
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Title: Re: hackers becoming smarter than exchanges?
Post by: tutorroma on August 20, 2018, 03:22:53 AM
Hackers are usually very sensitive to new technologies. Because encryption is a new industry, there are bound to be many loopholes in the early stages of the development of the exchange, so there are many hackers studying the loopholes in the exchange every day.


Title: Re: hackers becoming smarter than exchanges?
Post by: dongyi17 on August 20, 2018, 04:57:06 AM
Sure enough this people is sometimes smarter than we expect, they study too and know everything about their target that is why we need double careful and security about what we belong.. even people behind exchanges and market need extra careful about tokens


Title: Re: hackers becoming smarter than exchanges?
Post by: earn20 on August 24, 2018, 01:45:52 PM
Hackers will not become smarter than crypto-currency exchanges, just many crypto-currency exchanges are stupider than hackers and can not make a decent protection for their projects.


Title: Re: hackers becoming smarter than exchanges?
Post by: Juliedarwin on August 24, 2018, 02:08:05 PM
I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me


Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.


Title: Re: hackers becoming smarter than exchanges?
Post by: wolffy0216 on August 24, 2018, 02:18:55 PM
I think that hackers are really smart and they become smarter daily, i m not a hacker butk knew one guy who could do really such things that I thought impossible to do, i think it is bad to hack but such mind impresses me


Hackers are really know what their first move they want to do, sometimes we don't know what they are doing but for sure hackers are almost smarter than what we expect of them. Coz I know hackers have a companies or a group mates to learn how to success of being hackers. So we need a double care.

Yes, because of the groups of hackers they will be able to learn how to hack the highest security in an exchange, so we better make our best to secure our funds.


Title: Re: hackers becoming smarter than exchanges?
Post by: Zurbuchen on August 24, 2018, 03:19:32 PM
Hackers are some of the reasons why we are currently a downtrend jn our market. Bitcoin/token holders tend to panic uy and sell all their holding because they are all afraid of the fact that their holdings maybe hacked.


Title: Re: hackers becoming smarter than exchanges?
Post by: kaisa on August 24, 2018, 04:31:24 PM
They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
What is the guarantee if hackers are hired to back up their security systems if they are hired they will be a problem in the future. Human nature cannot be eliminated by giving a little money. the only way to avoid hacking is full transparency, even the wallet must be transparent and easily identified by the owner. this way will prevent all cheating.


Title: Re: hackers becoming smarter than exchanges?
Post by: phpartisanmaster on August 25, 2018, 05:20:57 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
but it is very difficult to stop these hackers or scamer, there is no such application to deal with such criminals. if there is a possibility it will at least reduce crime so investors will be safe.

In my own opinion, people can always get hacked through different ways such as phishing sites and fake links coming from airdrop bounties but if the person is smart enough to determine if it was legitimate or not then he/she can avoid being scammed or hacked by an exchanger or a phishing site.


Title: Re: hackers becoming smarter than exchanges?
Post by: Duogembrot on August 25, 2018, 05:32:27 AM
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.


Title: Re: hackers becoming smarter than exchanges?
Post by: Mr.grin on August 25, 2018, 06:14:17 AM
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.
for now, hackers are trying to find loopholes from each exchanger to steal assets they have. well, that is something extraordinary, because it can penetrate defenses that can be said to be equivalent to a bank. yeah, but still it's a crime. I think they use their intelligence in the wrong way.


Title: Re: hackers becoming smarter than exchanges?
Post by: boksoon on August 25, 2018, 06:45:51 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


that is a reality because no one can create the good technology in this world except programmer, technician and IT expert and I know that before they will become a Professional they will experienced to experiment like hacked to some other government system or whatever they want so we have no excuses here if they want to attack us... so we have to prepared on this to prevent of our property one of the victim of hacker.     


Title: Re: hackers becoming smarter than exchanges?
Post by: reil2014 on August 25, 2018, 07:06:44 AM
In my thinking, hacking is everywhere now, just one wrong moves then everything will be done in a second.. Better be safe before doing anything check first. And put some security feature.


Title: Re: hackers becoming smarter than exchanges?
Post by: julzcoinbit on August 25, 2018, 08:37:13 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I think It is a challenge for a crypto exchanges to defend their exchange site from those smart hackers. They should keep updating system or let we say ugrading as well. To prevent easily hacked and so on many Investors will admire to Invest more to their exchange site, once they found more security on their site.


Title: Re: hackers becoming smarter than exchanges?
Post by: cryptosyss on August 25, 2018, 06:09:01 PM
There are many cases of hacker attacks on various reliable databases. No wonder they got here, too.


Title: Re: hackers becoming smarter than exchanges?
Post by: nokat on August 25, 2018, 06:20:08 PM
In this recent times, hackers are proving stubborn in the sense of becoming smarter and faster on the cryptocurrency business. It takes vigilance and caution in order not to become a victim.


Title: Re: hackers becoming smarter than exchanges?
Post by: shushanika on August 30, 2018, 08:20:52 AM
Hackers always try to be a step ahead of the current security. Many exchanges have outdated security and are very vulnerable. I trust only few exchanges now, like Kucoin, Binance, Cobinhood. I feel these are much safer then all the others.


Title: Re: hackers becoming smarter than exchanges?
Post by: CoinREAPER21 on August 30, 2018, 08:27:10 AM
I hope that all exchanges are using some sort of cryptographic technologies similar to blockchain where hackers have to solve mathematical equations that will trap them in to a loop and will just waste their time entering the main system of an exchange to avoid hacking.


Title: Re: hackers becoming smarter than exchanges?
Post by: ucingucingan on August 30, 2018, 09:07:33 AM
Exchanger I think I have to have a strong security system and keep updating every time, because hackers always try to break into the security system every time, just imagine they are always looking for loopholes and making use of the slightest gap to break into the main system of the exchange


Title: Re: hackers becoming smarter than exchanges?
Post by: TANGERE on August 30, 2018, 09:23:51 AM
yes and They are bringing commonsense measures to find the offenders yet the inquiry at the forefront of my thoughts is for what reason could incidentally the two trades be hacked?Now it gives the idea that the trades are not moving at a speedier and inventive approaches to redesigning their frameworks and permit these programmers time to examine their frameworks well,identify the escape clauses and cause the problem.In my assessment, trades ought to dependably move in a capricious path in order to dependably confound these con artists .The con artists are driving new financial specialists off and this must stop.Exchanges must be up and doing as such that we can pull in new speculators into digital money else our endeavors are going futile to drawing in new financial specialists.


Title: Re: hackers becoming smarter than exchanges?
Post by: r_u_m_s on August 30, 2018, 09:27:20 PM
Recently, the crypto currency has attracted a lot of attention, but among all these people that it was noticed, of course, there were those who would like easy money, and since not all coins can guarantee you 100% security, then the hacks will be more often, the technologies on which the crypto-currency markets are built are not the best and become a real gift for an experienced hacker.


Title: Re: hackers becoming smarter than exchanges?
Post by: molla_corda on August 31, 2018, 04:07:41 PM
There are far more intelligent hackers to penetrate in power plants, the network of the Pentagon, etc. In cryptocurrency hacks almost always mean the carelessness of the developer.


Title: Re: hackers becoming smarter than exchanges?
Post by: andrei56 on September 02, 2018, 02:11:30 AM
They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
It should be the opposite, complex systems are easier to manipulate and are more likely to be induced to error, exchanges need to strengthen their security but at the same time they need to simplify it so it is more difficult for hackers to get access to the exchange, but since exchanges grow depending on the demand there are exchanges that do not have the adequate security because they became very popular in a short time frame.


Title: Re: hackers becoming smarter than exchanges?
Post by: ronics on September 02, 2018, 04:49:18 AM
It's all competing knowledge, skilled people each of them exchange talents but it introduces their own exchanges and based on hackers is trying to attack. but every one of them is really sure that they will not be bothered with avoiding hacking. The smarter person is a wise one. I think all the defenders are more clever than the attackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: millionaireshs on September 02, 2018, 05:04:58 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.


Title: Re: hackers becoming smarter than exchanges?
Post by: isaac_clarke22 on September 02, 2018, 05:30:10 AM
It is not the exchange site's fault fully that these hackers get in, although frankly they should expect that the investors and traders expect their fullest of the security. Not just the funds inside the exchange site but also the identity of those who registers especially when it comes to passing the KYC requirements at some sites that require to do so. Sometimes when it comes to money, even the traders are being fool of themselves, as they leave their funds inside the deposit address which is particularly just for the sake of trading and not typically to hold the tokens or coins they wanted to get its future value.


Title: Re: hackers becoming smarter than exchanges?
Post by: bocah cilik on September 02, 2018, 05:59:43 AM
I only think positively about what happens about some cases from exchanges that have very low security so they cannot protect them from hackers and intruders. But with hackers and intruders now it will make the security stronger than the exchange that will come after all that has been repaired, because I know that to create a high security requires an intruder to test security at all times. So that the security system will always be updated every time.


Title: Re: hackers becoming smarter than exchanges?
Post by: bangkit tri on September 02, 2018, 09:07:10 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.

indeed we can choose an exchange that we think is good in security from hackers. and one more thing, we can divide assets in several exchanges, so i think that can minimize risk


Title: Re: hackers becoming smarter than exchanges?
Post by: richminded on September 02, 2018, 10:17:23 AM
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.
for now, hackers are trying to find loopholes from each exchanger to steal assets they have. well, that is something extraordinary, because it can penetrate defenses that can be said to be equivalent to a bank. yeah, but still it's a crime. I think they use their intelligence in the wrong way.
Hackers are also improving, so I think exchanges are still vulnerable in this kind of hacking incident not unless they invest more on their security system. They will do everything to get an easy money so people should also careful because of this, we must protect also our wallet and don't put too much money on the exchanges as we experienced a lot of hacking incident with the exchanges this year.


Title: Re: hackers becoming smarter than exchanges?
Post by: Ikay on September 02, 2018, 10:27:43 AM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.


Title: Re: hackers becoming smarter than exchanges?
Post by: Ochusol on September 02, 2018, 10:59:10 AM
The hackers seems to have developed more sophisticated means of carrying out their heinous acts. They kept on trying to break the security protection of the registered accounts. Just be careful with your account that's all.


Title: Re: hackers becoming smarter than exchanges?
Post by: seniorita on September 02, 2018, 11:03:30 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Of course hacker can become more smart, they are human too who can increase their knowledge. But I think, most case is because human error. I think that exchange should maintenance their security system in week if they want their money secured.


Title: Re: hackers becoming smarter than exchanges?
Post by: noormcs5 on September 02, 2018, 11:27:00 AM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.

If you are old in the field on information technology, you will know that hackers always come up with more dangerous virus even though many anti-virus softwares are in place. Same is happening with digital currency exchanges whereby they implement 2fa and other security measures, but unfortunately hacker always have a one step ahead plan of hacking the wallets and the exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: ylnar123 on September 02, 2018, 11:35:19 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

You got a point there. Maybe not all but some are like this, havking is most likely done by there own developers who know the system of their sites.


Title: Re: hackers becoming smarter than exchanges?
Post by: TRUSTIES on September 02, 2018, 11:43:22 AM
One motivation behind why the market is on a downtrend right now. The security of trades is wretchedly low that they can't shield it from programmers and gatecrashers. The innovation they are utilizing for security isn't anchored and sufficiently solid to oppose hacking. Dark cap programmers are extremely keen which is the reason the white cap programmers must know how the dark ones think. They must secure the trade in light of the fact that hacking will make the trade less solid and will influence the entire crypto showcase. Much the same as what you stated, financial specialists are getting frightened at this point.


Title: Re: hackers becoming smarter than exchanges?
Post by: dat.ho12492 on September 02, 2018, 12:38:13 PM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.

If you are old in the field on information technology, you will know that hackers always come up with more dangerous virus even though many anti-virus softwares are in place. Same is happening with digital currency exchanges whereby they implement 2fa and other security measures, but unfortunately hacker always have a one step ahead plan of hacking the wallets and the exchanges.
Indeed, hackers have always been smarter and have created more dangerous, sophisticated viruses to steal money from others, the exchange is almost defeated by hackers in a very frequent manner, although this is a wrongful act but I think this is also a necessity for exchange. This attack makes the exchange more careful and secure, limiting the loss of money in the client's account


Title: Re: hackers becoming smarter than exchanges?
Post by: orayorayan2 on September 02, 2018, 12:47:27 PM
I think hackers are not fools either, they are even smarter than us, they are always looking for weaknesses, whatever their gaps will come in, it's true that they don't get a gap then the propagation by spreading bad news in the forum they will do, with the hopes of investors panic, improvement of system security may need to be done for guard against hackers
 


Title: Re: hackers becoming smarter than exchanges?
Post by: preikaler on September 02, 2018, 01:16:01 PM
of course it is one very bad way, they hackers take something that is not his and of course it is very detrimental, therefore the exchange must have a better system than hackers and may not keep your assets in exchange because there are many risks there


Title: Re: hackers becoming smarter than exchanges?
Post by: Dimonhamon on September 02, 2018, 01:23:35 PM
There is one golden rule. Do not keep all your eggs in one basket. Keep your money on different exchanges on different wallet and do not go through various suspicious sites! And you will be happy!


Title: Re: hackers becoming smarter than exchanges?
Post by: beej on September 02, 2018, 02:15:08 PM
Hackers are really smart, to be able to adapt and improve further to penetrate and
infiltrate high tech systems and networks is quite something else. Security is always
an issue in the web, I think as people engage more with online banking and crypto
investments there's always a lingering and growing risk of hacks as well as loses.
We should all be extra careful and vigilant in protecting our accounts, data, interest
and investments.


Title: Re: hackers becoming smarter than exchanges?
Post by: stephanirain on September 02, 2018, 03:40:51 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Nowadays, it is very dangerous to visit in different websites because you cannot say if the website that you are visiting an untrusted wevsites that they could hack and steal all of your money. Many hackers are really smart and they can create their own way jsut to hack you.


Title: Re: hackers becoming smarter than exchanges?
Post by: cherryfer on September 02, 2018, 03:54:38 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Indeed! As our technology and security was innovating those hackers will always find a way to sustain their selfishness. What we can do is to carefully choose among these exchangers.


Title: Re: hackers becoming smarter than exchanges?
Post by: acener on September 02, 2018, 04:22:51 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.


I think yes becsuse there are some instances where hackers hack different exchanges which make things complicated and hard for traders and investors to get rid of. I think it is just wiser if we'll do some steps to know if an exchangebis still safe for trading just to get rid of uncertain situations.


Title: Re: hackers becoming smarter than exchanges?
Post by: yourialfa on September 02, 2018, 04:28:02 PM
I think a hacker is a person who has extraordinary expertise, they are trying to find just a little gap in order to enter a door. So if the hacker is currently on the exchange. So now there must be more security for that so hackers cannot enter. Because of course this can scare everyone, especially those who have lots of coins on exchange. So there needs to be additional security from exchanges so that hackers cannot enter.


Title: Re: hackers becoming smarter than exchanges?
Post by: trauchot on September 02, 2018, 04:32:15 PM
Unfortunately, this happens often. Hackers constantly improve their skills and therefore find new holes in the protection of exchanges, but also people who work on protection also improve their skills. But we see too often how hackers break exchanges, so no one is protected from this.


Title: Re: hackers becoming smarter than exchanges?
Post by: Eternad on September 02, 2018, 04:45:52 PM
I think a hacker is a person who has extraordinary expertise, they are trying to find just a little gap in order to enter a door. So if the hacker is currently on the exchange. So now there must be more security for that so hackers cannot enter. Because of course this can scare everyone, especially those who have lots of coins on exchange. So there needs to be additional security from exchanges so that hackers cannot enter.
Hackers didn't want a proper way or steps to earn they want some smart move to overtake all which is a greedy state that all we can do is not to get victimized on it.


Title: Re: hackers becoming smarter than exchanges?
Post by: Samolet on September 02, 2018, 05:19:38 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Totally agree with you. Hackers are evolving quite quickly and such a shaft of attacks on the crypto industry and multimillion thefts were quite expected. From the creation of viruses and malicious programs, many are turning to real criminal activity - for example, using funds to illegally obtain information for their own illegal designs.


Title: Re: hackers becoming smarter than exchanges?
Post by: Zigzagkuy on September 02, 2018, 05:51:05 PM
Hackers will do various ways to steal. So I think exchanges need strong security to avoid hackers. Hackers are currently so troubled by cryptocurrency users. So security is very important so that people believe in the exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: ZonaCrypto on September 03, 2018, 03:57:53 AM
Because there is a lot of money and they are more available to scammers than other forms of earnings. It scares off big investors.


Title: Re: hackers becoming smarter than exchanges?
Post by: Getcoinsite on September 03, 2018, 04:30:22 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I don't want to jump into conclusions but what if the hacker is also the exchange?lets be realistic sometimes because we know how secured and un hackable the exchangers has been designed so i find no suitable reason why many of them are involving into hacking without good explanation

Thats why i am not confident about leaving my funds overnight in single exchange i make sure that after doing some transaction ,i take out my coins/tokens and bring back to my designated wallets for safetyís


Title: Re: hackers becoming smarter than exchanges?
Post by: goaldigger on September 03, 2018, 04:53:44 AM
Hackers are riding the boat every time new technology comes in. If exchanges will upgrade on their security system for example, hackers would make a way to break the barrier using new methods also. If we acquire new info, they will too and can even exceed their technology.


Title: Re: hackers becoming smarter than exchanges?
Post by: Pikachu12 on September 03, 2018, 04:56:49 AM
I do not think they have become smarter. I think now is the era of technology and there are many tools that can crack the tight layers of security. This has helped many hackers and security need a very optimal way to prevent hackers intrusion.


Title: Re: hackers becoming smarter than exchanges?
Post by: CRYPTOGANGSTERs on September 06, 2018, 12:46:46 PM
As usual there are so many hacks due to computer illiteracy of investors. Security issues need to be treated more carefully.


Title: Re: hackers becoming smarter than exchanges?
Post by: ParkSaezz on September 07, 2018, 04:33:25 AM
They work with great discipline to be able to enter the network they want to crack, even through very small gaps, so theft can occur. Sometimes it even involves insiders. For hacked crypto exchanges that lose millions of dollars, prove that the level of security is still not perfect.


Title: Re: hackers becoming smarter than exchanges?
Post by: Viper_Unleashed on September 07, 2018, 04:48:08 AM
MT gox was the probably the beginning of a new time era.
After that we had seen things are slowly turning ugly and they saying still holds "only invest what you can afford to loose".
Regulations bans and more things going on and each day hackers are trying out new things with more focussed approach.
Bancor bithtumb and still going on. :-[

few days back also heard news about cryptolocker malware.
Mining and working on a same computer probably increases the risk of getting compromised.


Title: Re: hackers becoming smarter than exchanges?
Post by: tumokatok on September 07, 2018, 06:35:26 AM
Hackers are always looking for ways to steal information from the person who is holding the bitcoin and, moreover, the bitcoin will give us a lot of valuable assets, but the bitcoin system is very safe and hackers can not. more intelligent than the exchanges

but as a trader we must always be aware of hacker attacks, my advice is not too long if you keep your assets in a crypto exchange, because it will be a big risk if the stock is hacked


Title: Re: hackers becoming smarter than exchanges?
Post by: RudeeTam on September 07, 2018, 07:16:36 AM
I believe their systems are intact and well secure enough. I think the problem is likely it's an inside job. I'm not pointing fingers but it would take a lot of cloak and dagger to get inside their systems them knowing that they are handling millions of dollars worth of coins.


Title: Re: hackers becoming smarter than exchanges?
Post by: shesheboy on September 07, 2018, 07:31:07 AM
Hackers are always looking for ways to steal information from the person who is holding the bitcoin and, moreover, the bitcoin will give us a lot of valuable assets, but the bitcoin system is very safe and hackers can not. more intelligent than the exchanges

but as a trader we must always be aware of hacker attacks, my advice is not too long if you keep your assets in a crypto exchange, because it will be a big risk if the stock is hacked

do you mean if a site is hacked ? stock cant be hack but a site or exchange can . anyway , i agree on you that we need to safeguard our funds on our own hands and not on any exchange or wallet because they are open to hackers .

hackers are always smarter than any exchange because an exchange is only built by humans . humans or hackers is the only one that can destroy it .


Title: Re: hackers becoming smarter than exchanges?
Post by: TheWolfCrypto on September 07, 2018, 10:53:32 PM
Hackers aren't smarter than cryptography, the main vulnerability here is in the people who run the exchanges. Most of the hacking occurs with the use of "social engineering" to gain access to closed technical files.


Title: Re: hackers becoming smarter than exchanges?
Post by: slyfox on September 08, 2018, 01:49:52 AM
The problem with exchanges is that it doesn't matter how high their security really is they have to interact with people, and this opens up a lot of possibilities for hackers to send links or viruses in those messages that could infect a machine in the network of the exchange which eventually will give the hackers a way to steal the coins of the exchange and their customers.


Title: Re: hackers becoming smarter than exchanges?
Post by: kramat on September 08, 2018, 01:58:03 AM
indeed, for those who have many assets, they will worry about hackers, which can damage the security system and take everything without exception, so that additional security is needed so that hackers find it difficult to make money laundering.


Title: Re: hackers becoming smarter than exchanges?
Post by: BTC_ADA on September 09, 2018, 12:55:13 AM
A lot of Finance now hangs on the crypto-currency exchanges and for hackers it's just tidbits,it's much more difficult to hack the BlockChain wallets,and for a large community of hackers to hack the Russian exchange for example Yobit is not difficult.


Title: Re: hackers becoming smarter than exchanges?
Post by: ocid on September 09, 2018, 01:54:11 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
sometimes hackers are more geniuses and they can do anything to take the assets of others, their cunning intentions have been carefully thought out by studying weaknesses in various exchanges. This is not strange anymore, even though the exchange market has extra security without them knowing there is always someone who is greedy by using his intelligence to do everything that can harm others.


Title: Re: hackers becoming smarter than exchanges?
Post by: Fendi23 on September 09, 2018, 02:48:54 AM
I think the exchange must be in extra security for transaction because it will the investor comfortable


Title: Re: hackers becoming smarter than exchanges?
Post by: leavolnhals on September 09, 2018, 03:12:07 AM
I do not think that. Because there are many other applications that help hackers to easily penetrate the security layers of the trading platform. So the trading floors are vulnerable to attack. So I hope we should invest and trade on some major exchanges to be safer.


Title: Re: hackers becoming smarter than exchanges?
Post by: efxtrader on September 09, 2018, 03:45:02 AM
Hackers always find a way to stole crypto in exchange. If we have plan to keep our crypto for long term, its better to transfer our crypto to our own wallet not exchange wallet. Beside that, to secure our account, we should use 2FA


Title: Re: hackers becoming smarter than exchanges?
Post by: Eijrafarm on September 09, 2018, 05:19:26 AM
I think that many hackers started to breach the security system of many exchanges this is why exchanges started to implement KYC system to protect every exchange that involve in crypto.


Title: Re: hackers becoming smarter than exchanges?
Post by: shushanika on September 09, 2018, 09:20:44 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I don't want to jump into conclusions but what if the hacker is also the exchange?lets be realistic sometimes because we know how secured and un hackable the exchangers has been designed so i find no suitable reason why many of them are involving into hacking without good explanation

Thats why i am not confident about leaving my funds overnight in single exchange i make sure that after doing some transaction ,i take out my coins/tokens and bring back to my designated wallets for safetyís

You bring up a good point, nowadays there are so many exchanges, not everyone should be trusted. In the history there were several exchanges that closed down and run away...last year there was a hack on Etherdelta and many believed it was an inside job...the companies owners sold the platform...and just when it changed hands...hacked


Title: Re: hackers becoming smarter than exchanges?
Post by: andika2018 on September 10, 2018, 12:36:47 AM
The safest way to secure our coin and token is not keep it on exchanger wallet. After we buying coin and token in exchanger, better transfer it to wallet and make back up and keep private key or seed from others. Hackers always improving their skill and we should be not careless


Title: Re: hackers becoming smarter than exchanges?
Post by: Olalomi on September 10, 2018, 04:34:03 AM
Binance and bancor are two reputable exchanges of  Cryptos  they should ensure that they employs experienced cyber security experts to prevent hackers from gaining access into their system, this give credence and credibility to them and encourages more traders to use their platform and will go a long in trusting their system.


Title: Re: hackers becoming smarter than exchanges?
Post by: Getmon on September 10, 2018, 04:40:37 AM
It is always a battle of brilliance and skills. For sure, there are so many individuals out there who are more capable than any individual hired by some exchanges. The good thing with exchanges is that they have enough resources to hire a pool of brilliant developers to counter any individual move from the outside to try hack their system. Two heads is always better than one. If the exchange is penetrated with individual attacks from without, it would definitely be blamed to the management.


Title: Re: hackers becoming smarter than exchanges?
Post by: OrangeII on September 10, 2018, 05:13:48 AM
It is always a battle of brilliance and skills. For sure, there are so many individuals out there who are more capable than any individual hired by some exchanges. The good thing with exchanges is that they have enough resources to hire a pool of brilliant developers to counter any individual move from the outside to try hack their system. Two heads is always better than one. If the exchange is penetrated with individual attacks from without, it would definitely be blamed to the management.
Well, but so far, hackers have always been the cause, and the reason for exchangers losing their coins. yeah, that's very natural. sometimes we don't know the greatness of a hacker, and sometimes they pass our estimates.


Title: Re: hackers becoming smarter than exchanges?
Post by: CryptoCompas on September 10, 2018, 03:42:04 PM
There is an opinion that these hacks are the exchanges themselves, not just hackers. The information is hidden. As an example, the bithumb hack occurred in February 2017, and reported it only in June.  Hacks were made repeatedly, but the exchange did not provide additional protection of the wallets of its users.


Title: Re: hackers becoming smarter than exchanges?
Post by: andrei56 on September 10, 2018, 04:38:27 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

I don't want to jump into conclusions but what if the hacker is also the exchange?lets be realistic sometimes because we know how secured and un hackable the exchangers has been designed so i find no suitable reason why many of them are involving into hacking without good explanation

Thats why i am not confident about leaving my funds overnight in single exchange i make sure that after doing some transaction ,i take out my coins/tokens and bring back to my designated wallets for safetyís
There was a time in which there were many hacks to exchanges, there were so many that we had a hack almost every week and then some of those exchanges disappeared, to people that was a sign there was not a hack and in fact that was an exit scam and they were just trying to cover their tracks, but now after a hack the exchanges do not disappear and sometimes they try to repay their customers, in that case I think we can say the exchange was clearly hacked.


Title: Re: hackers becoming smarter than exchanges?
Post by: KingdomHearts on September 11, 2018, 07:43:41 AM
I do not think they have become smarter. I think now is the era of technology and there are many tools that can crack the tight layers of security. This has helped many hackers and security need a very optimal way to prevent hackers intrusion.
Well this is a fact that the security of coding and decoding is not a hard nut to break and this is a reality that with the passage of time, the hackers are becoming smarter and can easily spot bugs in the security system of many top companies online and offline. That is the reason people hire hackers to improve their companyís security.

In case of cryptocurrency, the blockchain technology has really proved a hard nut to crack and it is not so easy for them to get access to your wallets and all they want.


Title: Re: hackers becoming smarter than exchanges?
Post by: Cocosoxoto on September 11, 2018, 08:11:31 AM
They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.


Title: Re: hackers becoming smarter than exchanges?
Post by: spongegar on September 11, 2018, 08:44:10 AM
I think it is a cycle of sorts that makes both parties stronger and better in the long run. If both didn't try to crack the technology of the other then they would stop developing something new or better to make things more secure. I believe this has to come to be. What we could do is to eliminate human error and be responsible account holders.


Title: Re: hackers becoming smarter than exchanges?
Post by: UladzimirS on September 11, 2018, 04:26:36 PM
A lot of hacks because, there are only 2 out of 260 degrees of protection key options. According to statistics, the wallets with bitcoins hacked much less frequently.


Title: Re: hackers becoming smarter than exchanges?
Post by: Baokali92 on September 11, 2018, 04:57:43 PM
I am sure that now someone is sitting and working on in order to protect investors from fraud.Let's be patient and soon we will see the crypto world without scams


Title: Re: hackers becoming smarter than exchanges?
Post by: gamechangers on September 11, 2018, 05:19:44 PM
There is no regulation in place to check these exchanges. So many of them are not worth being called an exchange at all because they are too lackadaisical and not innovative. Until these exchanges sit up, innocent people will continue to suffer these day to day hacks.


Title: Re: hackers becoming smarter than exchanges?
Post by: jonhn772 on September 11, 2018, 05:32:56 PM
This is the war of knowledge, those skilled people behind an exchanges are defends their exchanges and those hackers are try to attack. The smarter people will be win. I think most of the defenders are smarter than the attackers.
Absolutely correct that defenders is the most smarter than attackers. That's why I believe that hackers will fail to steal others peoples money from an good exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: ziac on September 11, 2018, 06:16:53 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Scammers will do anything to find any vulnerabilities that could lead them into stealing something from someone like any exchange any vulberability small or big will be a window for scammers and hackers to steal.


Title: Re: hackers becoming smarter than exchanges?
Post by: Rembedful on September 12, 2018, 11:13:41 AM
I do not think they have become smarter. I think now is the era of technology and there are many tools that can crack the tight layers of security. This has helped many hackers and security need a very optimal way to prevent hackers intrusion.
Well this is a fact that the security of coding and decoding is not a hard nut to break and this is a reality that with the passage of time, the hackers are becoming smarter and can easily spot bugs in the security system of many top companies online and offline. That is the reason people hire hackers to improve their companyís security.

In case of cryptocurrency, the blockchain technology has really proved a hard nut to crack and it is not so easy for them to get access to your wallets and all they want.
Yeah you are right, exchanges are trying to strengthen their security and hackers want to reach their system. Both want to defeat each other, but as a user I want the exchanges to win in this battle. It is good for all the investors of cryptocurrency. Everyone wants to stop hacking as soon as possible. It is not easy but the exchanges and blockchain technology are trying their best to create obstacles in their ways.


Title: Re: hackers becoming smarter than exchanges?
Post by: gabmen on September 12, 2018, 05:32:25 PM
This is the war of knowledge, those skilled people behind an exchanges are defends their exchanges and those hackers are try to attack. The smarter people will be win. I think most of the defenders are smarter than the attackers.
Absolutely correct that defenders is the most smarter than attackers. That's why I believe that hackers will fail to steal others peoples money from an good exchange.

Well we  can'y expect all smart people to simply play by the rules if they have the wits to outthink it. There will always be people like this and the longer people are exposed to crypto, the smarter these hackers will get


Title: Re: hackers becoming smarter than exchanges?
Post by: rasp on September 12, 2018, 05:52:52 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?

Suppose that hackers need certain technological capacity to be used for hacking a resource. So why can't they use those virus-infected computers simultaneously for several attacks?
Another reason might be that both these exchanges had similar vulnerabilities that simplified the breakdown of their protective system.


Title: Re: hackers becoming smarter than exchanges?
Post by: Gila uang on September 12, 2018, 07:17:17 PM
The hackers seems to have developed more sophisticated means of carrying out their heinous acts. They kept on trying to break the security protection of the registered accounts. Just be careful with your account that's all.


I think black hat hackers are really smart, which is why white hat hackers must know how black people think. It is their duty to protect exchanges because hacking will make exchanges less credible and will affect the entire crypto market. Just like what you say, investors start to fear now.
One reason why the market is currently downtrend. Exchange security is so low that they cannot protect it from hackers and intruders. The technology they use for security is not guaranteed and is strong enough to withstand hacking.


Title: Re: hackers becoming smarter than exchanges?
Post by: laravuemaster on September 12, 2018, 07:30:08 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Yes i do agree on that, there are a lot of hackers today who are manipulating the prices in the market and that is the reason why some of the people are loosing their edge on cryptocurrency.


Title: Re: hackers becoming smarter than exchanges?
Post by: Gleoth on September 12, 2018, 09:43:45 PM
Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.


Title: Re: hackers becoming smarter than exchanges?
Post by: patimahsunda on September 12, 2018, 11:15:42 PM
I think hackers are getting smarter as they keep looking for loopholes. And now it's hacking in several exchangers. I think this is bad news and will cause the holder to be worried. I think we must keep securing what we have in our wallets. And always be careful of any exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: gambitcoin53 on September 13, 2018, 02:25:54 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

well. since we are digitally based, there are no safer place for our coins, that is the risk we have to take, from the time we have jumped in to cryptos, just look for the safest exchanges that has a good feedback from users, i know there are few safer exchanges out there, but since binance has been hacked i am sure they will be well guarded after what had happen, so theoretically, binance will be safer. they say lightning dont strike at the same place twice. 


Title: Re: hackers becoming smarter than exchanges?
Post by: Viper_Unleashed on September 13, 2018, 04:38:14 AM
Any exchange can be hacked anytime-that's what I believe.
So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy. :)


Title: Re: hackers becoming smarter than exchanges?
Post by: armarsterling7 on September 13, 2018, 04:45:57 AM
right. Now hackers have a better background and they have the ability to crack the best security. So to safeguard the money we are investing in, we should keep it in Ledger hard purses. It is a good wallet and has never been hacked by hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: samcrypto on September 13, 2018, 04:48:10 AM
Any exchange can be hacked anytime-that's what I believe.
So better to use paper wallet or own computer to store and use exchange only to transfer into that too in small amounts.
When any exchange gets hacked its very obvious that there is some inside job.
If something like this happens people suffer losses and finding the culprits and recovering funds is really a very tough job.
Even few days back also reports stated that scammers are now using slow poisoning machine i.e they are using your computer for their own mining by using malware and sometimes phising.
I really had quite a bad experience long back at MT.GOX and still do not believe that any exchange is safe.
Happy mining and trading all
Enjoy. :)
Indeed, we should not be too complacent about the exchanges we are using because in cryptomarket, everything is vulnerable from the scammers and hackers. Cryptoexchange is not a safe wallet for us, hackers are making a lot of ways to scam us so we have to be ready. Paper wallet is not safe also, try to use hard wallet which is more safer than any wallet.


Title: Re: hackers becoming smarter than exchanges?
Post by: cr7 on September 13, 2018, 12:25:51 PM
In my opinion, hackers show the problems and mistakes of exchange owners, so that they take further measures and develop new protection. There is a high probability that users may lose their savings, as happened a couple of years ago. So it is better to store cryptocurrency on proven wallets. It's safer.


Title: Re: hackers becoming smarter than exchanges?
Post by: Wittycoin on September 13, 2018, 01:02:36 PM
Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.


Title: Re: hackers becoming smarter than exchanges?
Post by: kumala_abi on September 13, 2018, 01:19:22 PM
In my opinion, hackers show the problems and mistakes of exchange owners, so that they take further measures and develop new protection. There is a high probability that users may lose their savings, as happened a couple of years ago. So it is better to store cryptocurrency on proven wallets. It's safer.
they are not only showing the weakness of exchange security system.but they also steal it , and this is criminal action.if they are white hat hacker they should leave message to exchanger to developt its.


Title: Re: hackers becoming smarter than exchanges?
Post by: MyCryptoCap on September 13, 2018, 01:22:51 PM
The level of skill of hackers is growing and it has not become a mystery. Where there is money will always be people who want to take them. Desirable for free.


Title: Re: hackers becoming smarter than exchanges?
Post by: Gaquaduonier on September 14, 2018, 09:36:18 AM
They work with great discipline to be able to enter the network they want to crack, even through very small gaps, so theft can occur. Sometimes it even involves insiders. For hacked crypto exchanges that lose millions of dollars, prove that the level of security is still not perfect. Hackers always improve their knowledge and techniques so that their work is successful, on the other hand crypto exchange also improves their security system so it can not be hacked.


Title: Re: hackers becoming smarter than exchanges?
Post by: plescruslo on September 14, 2018, 11:04:51 AM
I think it is a cycle of sorts that makes both parties stronger and better in the long run. If both didn't try to crack the technology of the other then they would stop developing something new or better to make things more secure. I believe this has to come to be. What we could do is to eliminate human error and be responsible account holders.
I think that there is no combination between hackers and exchanges. Both are different, people want to avoid themselves form one and want best services from the other. There is no doubt that hackers are smarts and they find new ways to hack difficult sites and securities. Exchanges are also try their best to meet the needs of new era and the demands of the people.


Title: Re: hackers becoming smarter than exchanges?
Post by: policeoo on September 14, 2018, 11:26:53 AM
Hackers have so many skills today that we can't defend yourself that much. We can't even track them. Technologies have improved so much that amazes me each day. How can this all happen? There are so many exchanges on the marker, and there are also so many suspicious exchanges launching every day. Be careful where you sell or buy your crypto currencies.


Title: Re: hackers becoming smarter than exchanges?
Post by: Viper_Unleashed on September 14, 2018, 04:01:21 PM
right. Now hackers have a better background and they have the ability to crack the best security. So to safeguard the money we are investing in, we should keep it in Ledger hard purses. It is a good wallet and has never been hacked by hackers.

Indeed, we should not be too complacent about the exchanges we are using because in cryptomarket, everything is vulnerable from the scammers and hackers. Cryptoexchange is not a safe wallet for us, hackers are making a lot of ways to scam us so we have to be ready. Paper wallet is not safe also, try to use hard wallet which is more safer than any wallet.

So True and perfectly stated.
I too had been thinking to use them but really never gave it a try,I guess i need to get one after the next bull run. ;)
Or else the hard wallet costing will be more than I can afford now. 8)


Title: Re: hackers becoming smarter than exchanges?
Post by: mrs_bitcoin on September 14, 2018, 08:56:13 PM
The fact that cryptocurrency exchanges are becoming more and more, respectively, hackers are becoming more work and opportunities to earn.


Title: Re: hackers becoming smarter than exchanges?
Post by: Escan0r on September 14, 2018, 11:32:01 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Depends on hackers who really intend to hack into anything that exists. Therefore you must be more careful in sending your crypto currency. I was hacked, either by anyone I got a big loss and I felt I had to be more careful in choosing exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: Indai24 on September 15, 2018, 12:28:08 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Depends on hackers who really intend to hack into anything that exists. Therefore you must be more careful in sending your crypto currency. I was hacked, either by anyone I got a big loss and I felt I had to be more careful in choosing exchange.

Yes hackers are smart nowadays however if we are very extra careful in all of our accounts hackers don't have any way to get in. We are the ones responsible to our own security and that we must be very careful about it.


Title: Re: hackers becoming smarter than exchanges?
Post by: ningrumxxi on September 15, 2018, 12:47:16 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
that is what always happens in this world, hackers are not much different from other criminals who are always there and will always look for loopholes to steal anything that can be stolen, this must be the duty of law enforcers they must always work with banks and the digital world especially always monitoring the world of cryptography because there are so many criminals who must be prevented from committing crimes. because the crimes that occur in cyberspace are very much the government must quickly form a ciber team


Title: Re: hackers becoming smarter than exchanges?ng
Post by: Masongrae on September 15, 2018, 12:57:20 AM
These hackers are not smart, they are foolish people and greedy people taking earnings they did not toiled for. They are not thinking that most of the time they are scamming people who are trying to survive for a living and had been hoping of an exchange for months only to be scammed. These scammers merely think of themselves who serve their own appetites through the efforts of others. Hoping they will be exposed. Hoping also that the exchangers will make all efforts to take good care of what we have toiled during the exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: Janation on September 15, 2018, 01:04:41 AM
Yes hackers are smart nowadays however if we are very extra careful in all of our accounts hackers don't have any way to get in. We are the ones responsible to our own security and that we must be very careful about it.

Saying that, that means that these hackers are not really smarter than these exchanges since most of their developers of the security can do hacking meaning they know how to hack so they can stop their site from hacking.

What I am saying is that they are not really smarter than these exchanges but smarter than us, users. We are the most vulnerable when it comes to transacting the reason why we need to be careful. Exchanges has their securities, do us users have our own securities? No, but we search for solutions to take care of them.

These hackers are not smart, they are foolish people and greedy people taking earnings they did not toiled for.

They are smart, in fact they know how to decrypt a password but we users don't know how. They are not foolish, as I said they are smart, maybe intelligent or genius but what they are doing is wrong. They are using their knowledge to do a crime.


Title: Re: hackers becoming smarter than exchanges?
Post by: Raufjoze on September 15, 2018, 05:01:46 AM
hackers will always look for weaknesses of the crypto exchange and hackers are not smarter than the market, because they can be hacked because of the mistake of the crypto currency owner himself


Title: Re: hackers becoming smarter than exchanges?
Post by: Tervelatuk on September 15, 2018, 05:06:45 AM
hackers will always look for weaknesses of the crypto exchange and hackers are not smarter than the market, because they can be hacked because of the mistake of the crypto currency owner himself
they have best skills in hacking technique.but unfortunately they use it to criminal action and harmed every body.if they joined in dev team they could use their skill to build their own project about security.


Title: Re: hackers becoming smarter than exchanges?
Post by: befriendmywater on September 15, 2018, 05:11:25 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
I think that now hackers can penetrate any security system. They have more choices because they now have better equipment and technology to unlock and penetrate the trading floors. It is a risk that no one wants to face. So we should only deposit money into good trading platforms like Binance or Bitfinex.


Title: Re: hackers becoming smarter than exchanges?
Post by: kumala_abi on September 15, 2018, 05:16:07 AM
hackers will always look for weaknesses of the crypto exchange and hackers are not smarter than the market, because they can be hacked because of the mistake of the crypto currency owner himself
they have best skills in hacking technique.but unfortunately they use it to criminal action and harmed every body.if they joined in dev team they could use their skill to build their own project about security.
i am definitly agree with you mate,they could use their skills in good purpose.build their own project about security would be best project in cryptomarket.no one harmed and they earn money from it.


Title: Re: hackers becoming smarter than exchanges?
Post by: SolomonSollarsNSense on September 15, 2018, 04:41:31 PM
 That is the race apparently. What you call "hackers" are not really that different than the security department of any other exchange. If you have a security IT working towards not getting hacked that dude probabbly can be hacker himself as well, at least have the tools and knowledge to be a hacker but selected to be on the "white" side.
So, when you say "hackers becoming smarter than exchanges" that kinda means "black hackers becoming smarter than white hackers" which is not possible because all white hackers have a black side in them and all black hackers have a white side in them, kinda ying yang situation.


Title: Re: hackers becoming smarter than exchanges?
Post by: Neltharion on September 16, 2018, 08:36:49 AM
Don't worry about the power of hackers. If the world has evil, it will certainly represent justice. In the future, there will be professional protection to protect everyone's wallet. You don't have to worry that justice will be defeated.


Title: Re: hackers becoming smarter than exchanges?
Post by: Viper_Unleashed on September 18, 2018, 03:49:26 PM
Don't worry about the power of hackers. If the world has evil, it will certainly represent justice. In the future, there will be professional protection to protect everyone's wallet. You don't have to worry that justice will be defeated.

Optimism is the key to survive and there we all go.Good bad all things are relative and co-exist together.
I had seen many times thieves/burglars being caught in public and the treatment they got,but never really had a chance to see a hacker being caught  ;) ;) ;) ;) ;),I was wondering how people will react if some day one of them get busted and get caught. ;D ;D
Few days back cyptojacking had been one of the prime issues and still its been continued in few places.Coinhive had been a problem where hackers used slow poisoning method.
Now again  they are planning on something and soon we will see how things turns out,and this trend will continue and we have to be safe always-sometimes it gets really hard and frustrating. ;D ;D ;D
Stay safe happy trading and MINING All.


Title: Re: hackers becoming smarter than exchanges?
Post by: Osayo on September 18, 2018, 04:17:18 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
The hackers have always been a great concern to everyone in cryptocurrency. It is something everyone should unite to defeat. The exchanges should try to have more security strategy to combat the hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: romantic007 on September 18, 2018, 05:21:32 PM
You're right. It seems so that exchanges don't put enough efforts in making their services more convenient for us, although crypto is very attractive for hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: annango on September 19, 2018, 12:54:46 AM
Sure enough this people is sometimes smarter than we expect, they study too and know everything about their target that is why we need double careful and security about what we belong.. even people behind exchanges and market need extra careful about tokens
Actually hackers  have a large knowledge, they are particularly smart and  flexible. Indeed no one can believe in something that is connected to the internet because obviously we would never know whether our wallet will exist or not. Probably itís such a big fear which gives a threat to many members these days. If one is not lucky, he will have to accept the bitter. Rarely a person can avoid this loss because almost many hackers, when they keep an eye on oneís account, they will try to hack.


Title: Re: hackers becoming smarter than exchanges?
Post by: reality18 on September 19, 2018, 01:07:03 AM
Hackers and fraudsters are always devising new means to enter the wallet of crypto users. It is very necessary to take extra caution in crypto especially when entering links from emails which are not trusted. Some emails may come claiming they are from myetherwallet. Remember, myetherwallet does not collect the emails of participants before creating a wallet, hence do not send email messages. Refrain from such messages and stay safe in crypto.


Title: Re: hackers becoming smarter than exchanges?
Post by: kr105 on September 19, 2018, 01:57:26 AM
Of course, we have to pay attention to be reliable when choosing exchange and wallets to invest. Firstly it is our job to keep our cryptocurrency safe. Hackers are always one step ahead and are looking for new ways.


Title: Re: hackers becoming smarter than exchanges?
Post by: rosepetals on September 19, 2018, 02:43:56 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Exchangers needs to have an improvement regarding on securing peoples investments because being a holder one thing that keeps on worrying us is the safety of our money and these needs to be prioritze in the first place.


Title: Re: hackers becoming smarter than exchanges?
Post by: webdevmastery on September 19, 2018, 02:47:04 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Its true that hackers are becoming smarter than exchangers and that is the reason why a market is gaining so much reputation, its because of their good security system.


Title: Re: hackers becoming smarter than exchanges?
Post by: KrishaBitcoin on September 19, 2018, 05:18:01 AM
I believed this was not due to weak security system but maybe there is an inside job that happening that maybe some of their employees that assigned in the security threat are giving leak holes to the hackers so that they could successfully steal in the end. Therefore the exchanges should really make a necessary move in order to improve their cyber securities that even if their is a mole in their ranks still it will not be easily to breach.


Title: Re: hackers becoming smarter than exchanges?
Post by: arthotdog on September 19, 2018, 05:23:33 AM
Hacker is always been smarter than anyone of us,because they are knowledgeable about those things we donít know.imagine that they can hack even the most secured sites in the world,even the Pentagon didnít escape their brightness as these most powerful and safest place on earth has been hacked by a Filipino wayback years so never question their capabilities,and always keep safe because of hackers presence


Title: Re: hackers becoming smarter than exchanges?
Post by: andrei56 on September 22, 2018, 03:37:58 AM
Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.
This is one big problems of the industry, people do not trust in exchanges because many of the hacks are very suspicious and many have believed that many of those hacks were at best internal jobs and in the worst case were actually done by the owners of the site themselves, and that is why many people recommend to not let your money in an exchange because we do not consider it to be safe.


Title: Re: hackers becoming smarter than exchanges?
Post by: Pattart on September 22, 2018, 04:43:43 AM
Some hackers are the exchange itself. They blame and say that outside hackers attack them but the truth is some hacking activity is from the inside of the exchange itself.
This is one big problems of the industry, people do not trust in exchanges because many of the hacks are very suspicious and many have believed that many of those hacks were at best internal jobs and in the worst case were actually done by the owners of the site themselves, and that is why many people recommend to not let your money in an exchange because we do not consider it to be safe.
I think every exchange has a team of developers who are smart and skilled too, of course they will always fix bugs and crack, security of a site will not run in place there will always be security improvements, so don't worry too much about this.
for scam cases, then don't use new exchanges, look for exchanges that have been proven safe..


Title: Re: hackers becoming smarter than exchanges?
Post by: webdevmastery on September 22, 2018, 04:48:48 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

The price of bitcoins today is increasing even more and there are a lot of new people who are interested to join cryptocurrency industry, that is the reason why there are a lot of people who are hacking this exchanges.


Title: Re: hackers becoming smarter than exchanges?
Post by: shushanika on October 06, 2018, 07:05:07 PM
Binance and bancor are two reputable exchanges of  Cryptos  they should ensure that they employs experienced cyber security experts to prevent hackers from gaining access into their system, this give credence and credibility to them and encourages more traders to use their platform and will go a long in trusting their system.

Did Bancor not get hacked recently? I would strike anything from my list that has proven not doing enough security in the past. I trust mainly Binance and Cobinhood now, and Kucoin to some lesser extend, I think these are the safest right now.


Title: Re: hackers becoming smarter than exchanges?
Post by: DiabolicAnt on October 06, 2018, 08:57:09 PM
I don't think so, actually everything is like a little game, and hackers only seldom win, which is good for us, exchanges have amazing resources to protect themselves.


Title: Re: hackers becoming smarter than exchanges?
Post by: HarmonyA on October 06, 2018, 10:52:30 PM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable


Title: Re: hackers becoming smarter than exchanges?
Post by: lingwistiko on October 06, 2018, 11:34:48 PM
Cyber criminals are one of the problems of crypto exchanges today on how they will secure their market because it's not only them who are storing cryptos there but also traders who wants to have dividends fro storing their crypto assets in the market. Security should always be put on top priorities than anything else.


Title: Re: hackers becoming smarter than exchanges?
Post by: Quidat on October 07, 2018, 03:21:57 AM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

I think the same way too.
Hackers are usually a team member or employee of an exchange, or someone who works in a particular exchange collaborates with the IT people to hack the system. Inside job always happen, sometimes its goes unnoticed. But, there are really those talented hackers who could manipulate the system even without any connection from the inside.


Title: Re: hackers becoming smarter than exchanges?
Post by: Janation on October 07, 2018, 04:09:12 AM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

It is true, there are a lot of people that is paid or maybe voluntarily making themselves not trusting or doubting the system in order for other people to realize that there are no perfect systems.

But for me, these hackers are great people or maybe you can call them geniuses are the reason why securities are continuously being developed by a lot of developers and companies not because these hackers are hacking them but because with these hackers in their side, they can tell what part of the securities should be developed and be upgraded.


Title: Re: hackers becoming smarter than exchanges?
Post by: sulendra12 on October 07, 2018, 04:42:14 AM
If hackers were stupid, they wouldn't even had a chance to became hackers. Even though exchanges enhancing their security, but still there are bugs that they can do anything with it likes DDoS or stuff like robbing your money.


Title: Re: hackers becoming smarter than exchanges?
Post by: ngalamunan on October 07, 2018, 07:26:09 AM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable
if the hacker is stupid then he will not be able to hack our account that we maintain and give security properly. if we want to make an exchange we must be careful.


Title: Re: hackers becoming smarter than exchanges?
Post by: Friskaadew on October 07, 2018, 03:22:35 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

in my opinion, the security carried out by the exchange is quite tight, but there is still a hack? I think it goes back to each individual because the average hack occurs because of the carelessness of the users in storing or maintaining their personal data and password, sometimes even the users enter into the phishing web and fill in all their personal data that causes others to be very easy to do hack them, so we have to be more careful in entering a web, make sure that the web is truly original, then we can enter our data


Title: Re: hackers becoming smarter than exchanges?
Post by: _w_b_t_ on October 07, 2018, 07:35:07 PM
Perhaps hackers and become smarter, but I think the reason for the break-ins is that the exchange is negligent to the security of its resource and it is because of this people lose a lot of money.


Title: Re: hackers becoming smarter than exchanges?
Post by: Capt00 on October 07, 2018, 08:06:37 PM
Perhaps hackers and become smarter, but I think the reason for the break-ins is that the exchange is negligent to the security of its resource and it is because of this people lose a lot of money.
Lossing money is not the reason of causing hack, those noobs people most likely hacked. They even don't know how to secure their account, is just simply as long as there is strong private key and the google authenticator has activated there's no reason you get hack. Keep away those given links be vigilant on that thing, probably it will lead you from hacking. Also, the suspicious link doesn't engage on that. Hackers will don't have anything to do if you are careful on your account.


Title: Re: hackers becoming smarter than exchanges?
Post by: jak3 on October 07, 2018, 08:29:00 PM
Exchanges are vulnerable because hackers and doing the same thing as the exchanges do for us. There must be a way by which they can interact with us and that is the weak point of them. That link is where hackers do their study, all they have to do it act like a user and get into their system, after that they can just exploit the system as they want. But as we know no exchange has Direct Access to their wallet from the exchange so hackers wait for the right moves and then they log everything they can and finally they get their hands on the wallet.


Title: Re: hackers becoming smarter than exchanges?
Post by: realcrypto on October 07, 2018, 09:47:37 PM
Hackers are not smarter than exchangers in any way. There may be two things involved when an exchanger is being hacked. One is that the hacker may come from within the term members or it may be a small neglected loop hole. My advice  to  exchangers is for them to employ an innovative and creative hackers that always look for loop holes and close them.


Title: Re: hackers becoming smarter than exchanges?
Post by: setialovers on October 08, 2018, 12:53:47 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Exchange must be increasing their security because hackers always know new way to stole coin in exchanger and our own wallet. Thats why many experience people always told us to store our coin in our wallet not in exchanger wallet


Title: Re: hackers becoming smarter than exchanges?
Post by: erominer on October 08, 2018, 01:04:13 AM
I don't know if I am the only one but sometimes I come to think that some of these hacked exchanges are hacked by their own team someting like inside job or maybe even worst pretend that they were hacked but turned out that its their exit procedure because they already earned enough in this crypo worldd, I remember when this happened to us in nicehash and coinsmarkets, we lost a lot of cryptos that time.


Title: Re: hackers becoming smarter than exchanges?
Post by: cryptoalfs76 on October 08, 2018, 02:02:40 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Definetly in this situation it can create confusing and traumatic to us,if we should  been secure to put our crypto coins into this kind of exchange especially in binance and bancor because the things will come up into our mind that maybe we are not secure and time to time hackers or scammers are always there to get our crypto asset,so its better that we must doing an transaction to the exchanges thats can we secure of our investment and maybe thats the binance and bancor doing from now on to protect there firewall of there exchange trading site's agains the hacking system.


Title: Re: hackers becoming smarter than exchanges?
Post by: maculeth on October 08, 2018, 02:19:04 AM
of course, because hackers are always looking for ways to penetrate the sites they want to crack. so it's important for crypto wallets to provide offline storage services when someone no longer accesses them, in other words an active wallet only when someone wants to withdraw or deposit, after that the site is closed again to become offline, thus minimizing hackers who want to hack.


Title: Re: hackers becoming smarter than exchanges?
Post by: Pamadar on October 08, 2018, 05:30:45 AM
of course, because hackers are always looking for ways to penetrate the sites they want to crack. so it's important for crypto wallets to provide offline storage services when someone no longer accesses them, in other words an active wallet only when someone wants to withdraw or deposit, after that the site is closed again to become offline, thus minimizing hackers who want to hack.

They always working with new sets of ideas on how to penetrate securities, crypto is so prone no matter how difficult it is hackers will always find
the way to take the chances, we need to be more furios about this matter as it is our hard earned money, before we deposits and store our assets
inside the exchange deep understanding with how securities works and if possible to keep your coins inside a wallet where you have full control
that is better than keeping it to exchange site.


Title: Re: hackers becoming smarter than exchanges?
Post by: Uhde on October 08, 2018, 05:38:16 AM
actually i honestly believe that centralized exchanges and safety - security issues are really one of the major reasons that so many potential investors give up investing in crypto markets. it is not so easy to put your money to some software if you like the traditional ways.


Title: Re: hackers becoming smarter than exchanges?
Post by: evforster on October 10, 2018, 12:19:10 PM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

I think the same way too.
Hackers are usually a team member or employee of an exchange, or someone who works in a particular exchange collaborates with the IT people to hack the system. Inside job always happen, sometimes its goes unnoticed. But, there are really those talented hackers who could manipulate the system even without any connection from the inside.
Yeah you are right. Exchanges try to strengthen their security system so that nobody will hack their accounts but still some hackers take all their money. Sometimes I wonder how it is possible. Who are these hackers, or exchanges do this hacking by themselves because many of them are scammers and loot money of its users. Therefore I only use reliable exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: LieTOme on October 10, 2018, 12:39:26 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
along with the development of hackers technology will be smarter and smarter in taking what is not theirs because we must be more careful with all the possibilities that we will get from these hackers the security of our assets lies in ourselves


Title: Re: hackers becoming smarter than exchanges?
Post by: finlandais on October 10, 2018, 03:03:06 PM
In this modern era with so much facilities and techniques hackers are becoming smarter day by day.All intruders and hackers can easily interrupt in between and can misuse the data.Even powerful exchanges are not able control them.Moreover their is no centralized management to control it.In this smart era even hackers and intruders are working and getting profit smartly.


Title: Re: hackers becoming smarter than exchanges?
Post by: sidodadii on October 10, 2018, 03:46:15 PM
you know, cheater is always get key to solve the problem. yes, the problem to hack something. exchanger will always update their security, but hacker always try to hack it. and sometimes it works. many exchanger hakced by them. so, better system will always hacked by the best


Title: Re: hackers becoming smarter than exchanges?
Post by: hawkins on October 10, 2018, 04:21:13 PM
you know, cheater is always get key to solve the problem. yes, the problem to hack something. exchanger will always update their security, but hacker always try to hack it. and sometimes it works. many exchanger hakced by them. so, better system will always hacked by the best
Well, I think they're great. they have very dangerous skills. when they are used for good things, I think that would be a good thing. yeah, but they have their own way. for now so many hackers are trying to break into a large exchanger. Well, and I think, some exchangers have lost this.


Title: Re: hackers becoming smarter than exchanges?
Post by: Ganbound on October 13, 2018, 11:13:15 AM
Sometimes hackers make me feel that there are people been sponsored to erase trust in the system. Knowing fully that hacking is a criminal offence that is punishable

It is true, there are a lot of people that is paid or maybe voluntarily making themselves not trusting or doubting the system in order for other people to realize that there are no perfect systems.

But for me, these hackers are great people or maybe you can call them geniuses are the reason why securities are continuously being developed by a lot of developers and companies not because these hackers are hacking them but because with these hackers in their side, they can tell what part of the securities should be developed and be upgraded.
The question is this why these hackers cannot be controlled? If this situation continues in the future, people will never invest in cryptocurrency. Nobody want to lose his hard earn money so easily. This is also not good for the future of cryptocurrency. When there is no investment, crypto will automatically disappear from the market. So it is necessary to stop these hackers to secure investors.


Title: Re: hackers becoming smarter than exchanges?
Post by: cahbagus555 on October 14, 2018, 02:55:34 AM
you know, cheater is always get key to solve the problem. yes, the problem to hack something. exchanger will always update their security, but hacker always try to hack it. and sometimes it works. many exchanger hakced by them. so, better system will always hacked by the best
Well, I think they're great. they have very dangerous skills. when they are used for good things, I think that would be a good thing. yeah, but they have their own way. for now so many hackers are trying to break into a large exchanger. Well, and I think, some exchangers have lost this.

Hackers always improve their skill and thats why we should carefull with our wallet. Many expert suggest that we should not keep our coin in exchanger because exchanger is good target to steal coin


Title: Re: hackers becoming smarter than exchanges?
Post by: DaryaCrypta on October 14, 2018, 07:25:08 PM
With the growing popularity of cryptocurrencies, more and more scammers and hackers are beginning to conduct their activities. The first break-ins were made due to the fact that exchanges and wallets were not ready for such attacks. Now security has come to the fore.


Title: Re: hackers becoming smarter than exchanges?
Post by: Semosuchi Tesongrato on October 14, 2018, 08:07:14 PM
Absolutely not, it is impossible - at least for now - to hack the exchanges.
Instead, there are many stupas among exchange users who do not take a minimum of precautions and then find the account emptied ...


Title: Re: hackers becoming smarter than exchanges?
Post by: alroys on October 14, 2018, 08:24:26 PM
Those hackers are smart people, but they use their intelligence on the wrong path. Because hacking in the exchange is often the case, we must therefore keep the email that we use to register exchanges. because this is the first way they can enter our account.


Title: Re: hackers becoming smarter than exchanges?
Post by: Sarastiche on October 14, 2018, 08:30:27 PM
Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.


Title: Re: hackers becoming smarter than exchanges?
Post by: Reatim on October 14, 2018, 08:56:20 PM
Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

The problem is that there are a lot of hackers so its going to be hard just to trace at least one hacker because they are really smart and they can hide the coins in an exchange or can even used mixing services to put a stop on their tracks. So its hard for authorities to make a follow up.


Title: Re: hackers becoming smarter than exchanges?
Post by: Globalbitcoinl on October 14, 2018, 09:48:22 PM
each time as soon as the method of protection is invented, then immediately comes up with a way to break. because it is based on hacking not the technology itself, but the human fact


Title: Re: hackers becoming smarter than exchanges?
Post by: jcarlo on October 15, 2018, 12:54:42 AM
Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

Hackers always find a way to break exchange security. Its hard to track cryptocurrency and thats why hackers prefer stealing cryptocurrency because its can not identified who is owner. Technology always improve including exchange security, and i think we should choose trusted exchanger


Title: Re: hackers becoming smarter than exchanges?
Post by: Layers318 on October 15, 2018, 01:07:26 AM
Hackers are always improving on how to attack the exchanges due to the large amount of cryptocurrencies that are traded on the exchanges. This is the very reason why, coins must not be stored on exchanges permanently. Withdraw them once trading is complete.


Title: Re: hackers becoming smarter than exchanges?
Post by: Incodium Coin on October 15, 2018, 06:12:28 AM
Hacking is real, leading to direct losses in tokens and indirect losses in terms of confidence in the market and dips in the overall value of crypto. Hackers have succeeded in staying one step ahead for a while, but exchanges and other interested parties are working hard to change this. Why not get some kind of insurance, sign up for a compensation program that will shield you from any losses in case an exchange is hacked? This is the idea behind the Incodium Project. check it out at www.incodium.io


Title: Re: hackers becoming smarter than exchanges?
Post by: Sobocirevo on October 16, 2018, 01:43:52 PM
With the growing popularity of cryptocurrencies, more and more scammers and hackers are beginning to conduct their activities. The first break-ins were made due to the fact that exchanges and wallets were not ready for such attacks. Now security has come to the fore.
Hackers become common enemies, because their work breaks into people's accounts to steal data or change data, even taking and moving assets in other people's accounts for personal gain. Hackers are always smarter than account owners, because the goal is to learn and deepen computer science to break into accounts. Especially with the internet uniting the world in one container, making them increasingly take everything, including bitcoin on their wallets.


Title: Re: hackers becoming smarter than exchanges?
Post by: boyz97 on October 16, 2018, 01:55:28 PM
Exchanges and ICO developers need to guard against hackers move and strategies and regularly update there site against intruders, I hope with a form of policy and regulation in the space, it will be easy to track hackers and scammers in the space as Identity will be use to access wallet.

Hackers always find a way to break exchange security. Its hard to track cryptocurrency and thats why hackers prefer stealing cryptocurrency because its can not identified who is owner. Technology always improve including exchange security, and i think we should choose trusted exchanger
technology improvement help hackers to developt new technique to break wallet security.they have new software that could help them to support their skills.


Title: Re: hackers becoming smarter than exchanges?
Post by: polohokeun on October 16, 2018, 02:55:47 PM
Not smarter, hackers who scamming other is like rat in your kitchen. He just make small damage in your house.
The problem is when an exchanger becomes a scammer.


Title: Re: hackers becoming smarter than exchanges?
Post by: yatogami on October 16, 2018, 03:44:59 PM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
I think the main reason why exchanges are being hacked is because they don't want to spend enough resources on protection from hackers. The expenses for cyber security are extremely high and may reach up to 15% of the whole money turnover of an exchange.


Title: Re: hackers becoming smarter than exchanges?
Post by: Leocrypto da Vinci on October 17, 2018, 10:16:51 PM
Hackers are not at all clever than exchanges, but they are certainly smarter than most crypto owners.
So, if you do not take a minimum of precautions, then do not complain if you find yourself with your account empty ...


Title: Re: hackers becoming smarter than exchanges?
Post by: cluit on October 19, 2018, 10:59:43 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
With things that has happened to most exchangers despite their claimed level of security, some people are forced to believe that no exchanger is safe again and that any exchange can get hacked by hackers whenever they want.

As for me, I donít think that is true, cause if it was possible to hack exchanges so easily they would have been doing that like everyday. Take for example, Coinbase has leveled up their security and I donít think they will ever face problems with hackers, although I do know some hackers are devils.


Title: Re: hackers becoming smarter than exchanges?
Post by: tonyvo2017 on October 19, 2018, 05:20:30 PM
Your wallet can be hacked at any time. Hackers are smart and I think you should stay away from unreliable links, emails and even websites that you do not trust and choose for your computer a reliable operating system. Be more careful in today's technology, nothing is impossible


Title: Re: hackers becoming smarter than exchanges?
Post by: SkvorNyc777 on October 19, 2018, 06:52:20 PM
Sometimes yes, and it results in massive scandals, like with japanese exchanges last year, millions of $ easily stolen... But still I think that exchanges can protect them really well.


Title: Re: hackers becoming smarter than exchanges?
Post by: Sadlife on October 19, 2018, 07:10:56 PM
This is because the website owner doesn't give a damn of its users all they care about is to make money and hire cheap web developers to protect their website from hackers. Well, i know that there are no 100% safe systems and 100% unhackable machine but most of the hacks that has occurred is due to weak layer of security.


Title: Re: hackers becoming smarter than exchanges?
Post by: mikhailkudig on October 19, 2018, 11:18:10 PM
If there is a new market, it is logical the emergence of new scams and thieves. The more money will be pumped into this area, the more it attracts those who do not seek to earn honest work.


Title: Re: hackers becoming smarter than exchanges?
Post by: durudara on October 20, 2018, 01:50:35 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
for both exchanges, in my opinion, is the lack of attention and decisive action from the owner of the exchange and if they care and further enhance their security, of course, such things will not happen again.


Title: Re: hackers becoming smarter than exchanges?
Post by: ufaiz50 on October 20, 2018, 02:12:23 AM
It is difficult to avoid this risk, indeed the right way to reduce risk is to act more forward if there are warnings or holes in their exchangeers, but from my experience to do this requires additional funds may have to use large funds, so I think the team they have done their best. it's just that there is a hacker to destroy and they don't need a lot of funds to just punch the wall so that it can be included in it is inversely proportional to the exchanger builder.


Title: Re: hackers becoming smarter than exchanges?
Post by: Cryptostruck on October 20, 2018, 02:22:56 AM
Exchanges are in constant battle with hackers good a thing i don't keep my coins on exchanges anymore.


Title: Re: hackers becoming smarter than exchanges?
Post by: Janation on October 20, 2018, 02:23:14 AM
If there is a new market, it is logical the emergence of new scams and thieves. The more money will be pumped into this area, the more it attracts those who do not seek to earn honest work.

Not everytime my friend. We know that some exchange or markets have the same strategies in terms of securing their sites but still hackers can still penetrate their security, that just mean that they are smarter but the are developing their skills.

Hackers are also securities, even though they steal informations, money and investments, they are the reason why most of the sites online are almost imprenatable in terms of hacking. I can say almost, not fully because we know that hackers can still develop their skills, they can still find a way to make an imprenatable site a vulnerable site.


Title: Re: hackers becoming smarter than exchanges?
Post by: wahyu wida on October 20, 2018, 02:26:03 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
for both exchanges, in my opinion, is the lack of attention and decisive action from the owner of the exchange and if they care and further enhance their security, of course, such things will not happen again.
after that it certainly made attention to the two exchanges. moreover, both are exchanges that are trusted by traders with huge money. and i think security system will be fixed


Title: Re: hackers becoming smarter than exchanges?
Post by: Caladonian on October 20, 2018, 02:42:19 AM
If there is a new market, it is logical the emergence of new scams and thieves. The more money will be pumped into this area, the more it attracts those who do not seek to earn honest work.

Not everytime my friend. We know that some exchange or markets have the same strategies in terms of securing their sites but still hackers can still penetrate their security, that just mean that they are smarter but the are developing their skills.

Hackers are also securities, even though they steal informations, money and investments, they are the reason why most of the sites online are almost imprenatable in terms of hacking. I can say almost, not fully because we know that hackers can still develop their skills, they can still find a way to make an imprenatable site a vulnerable site.
Site owners are always finding secure ways to avoid those hackers, the ecosystem of this industry if you are going to sort it up, you find things that relevant to each other, those well established and well know site are actively updating their security protocols from that hackers also trying to break
it and enhancing their knowledge too, we can't say how secure are we with our investment inside the exchange not even the most secure one as chances
that hackers will be able to break their secure ground from everyday threat.


Title: Re: hackers becoming smarter than exchanges?
Post by: kumala_abi on October 20, 2018, 02:56:15 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
for both exchanges, in my opinion, is the lack of attention and decisive action from the owner of the exchange and if they care and further enhance their security, of course, such things will not happen again.
after that it certainly made attention to the two exchanges. moreover, both are exchanges that are trusted by traders with huge money. and i think security system will be fixed
especially binance they have good security system.although it had been hacked , binance team directly improved their security system level and make it more secure.


Title: Re: hackers becoming smarter than exchanges?
Post by: Rrotess on October 23, 2018, 04:10:44 PM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

Those people are not yet contented with what they have. But anyways, they are not becoming smarter, they're becoming evil. I hope that this won't happen to all of us.
All together, let us promote kindness and generosity for these are the good characteristics that the world have been lacking of.


Title: Re: hackers becoming smarter than exchanges?
Post by: musharaf on October 23, 2018, 05:10:42 PM
It is true that hackers are more dangerous in the world and for online money it is very critical and more exchanges have a very high security and instead of that all you can become hacked by hackers now a days it is common that some one stole bitcoin and i think that some time it is rumors that hackers are hacking exchanges and banks etc but i think that the team working for exchanges are more powerful than hackers.


Title: Re: hackers becoming smarter than exchanges?
Post by: Violettochka on October 23, 2018, 05:33:45 PM
I think for every system there is at least one hacker that is able to attack it and make some money. There is no perfect system, we can't blame exchanges for being weak. Crypto is very attractive to hackers.